Yet another article showing why crypto currency will have problems becoming mainstream. “The definitive explanation of why Bitcoin is stupid.” I had family talking about bitcoin like it was going to save the world. When it shot up I looked foolish to them. They are still crypto crazy. Reminds me of the time I held off from buying Middle East currency during the gulf war. Several family members probably still have trunks full of worthless paper sitting around.


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Men, it has been well said, think in herds (bitcoin buyers); it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one - Charles Mackay

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