Crypto: Everyone Was Just That Stupid
—Heisenberg Report
I am not a finance maven, but it was apparent within a year of Bitcoin being created that it would never function as a currency. (Currency needs to be current, and the transaction time of crypto currency stretched to hours even back then)
As the mania increased, and the lack of underlying value became more and more obvious, it would seem to me that people in finance, and people involved in financial law enforcement, would have realized that it was all a Ponzi scheme.
0 comments :
Post a Comment