Bitcoin
So I just happened to see that a couple of brothers are the first Bitcoin billionaires...There has been alot of talk about bitcoin lately around work so I was curious and researched this so called currency.
No bank controls bitcoin, no corporation controls bitcoin, no country controls bitcoin, you can't exchange it for hard cash but can purchase items with it if someone is willing to accept it as currency,
IT ISN'T FDIC insured, in fact it isn't insured at all.
And here is the real kicker, it has plummeted in value over 80% more than once I believe.
Am I slow or missing something here? I smell a scam, does anyone else smell a scam? Or is it possible that I'm just missing something here?
Comments (14)
Your missing the big picture