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Re: Bitcoin
I was considering Crypto Currencies (CC) recently, and a revelation dawned on me. There is literally not one single, tangible asset behind CC. If everyone cashed out tomorrow, there would be nothing left behind. It reminded of me the DotCom bubble burst from 2000. Some people are making money hand over fist right now, but at some point the growth will become unsustainable. When that occurs, the bubble's going to burst and many people will find their finances wiped out.
We're already seeing major corrections causing massive dips in the value, how long before the whole thing comes tumbling down like a house of cards?
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Originally Posted by Originalist
Sometimes hidden dangers spring on us suddenly. Those are out of our control. But when one can see the danger, and then refuses to arrest , all in the name of "God is in control", they are forfeiting God given, preventive opportunities.
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