Wednesday, February 26, 2014

Bitcoin

The first thing I ever thought about "bitcoins" is how easy it would be to steal "them".   Or it might have been, who is it that they're trusting more than the Federal Deposit Insurance Corporation? 

The second thing I remember thinking is, what a bunch of deluded chumps, victims doing the crooks set up for them. 

How much will a "coinage" based entirely on that level of suckerage fare now that its premise is so blown?  Will it fold?  Somehow I doubt that the kind of people who put their faith in that kind of funny "money" will be the quickest learners.   Apparently there are lots of people too gullible to run their own affairs.  And lots of them, apparently, are found among the allegedly well educated. 

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