01 December 2022

Cryptocurrencies


Incredible the number of fools who have invested (and still invest!) in the so-called cryptocurrencies.

But how the heck do you go about buying a currency that is not issued by a State and that, therefore, does not provide for a subject (a Central Bank) obliged for Law:
1) to intervene on the market to regulate the value of its own issued cryptocurrency,
2) to hold a counter value proportionate to the value of the own issued cryptocurrency such as to allow him to be able to carry out in practice the aforementioned own intervention.

Basically, we are at the level of a banal 80s "Pyramidal marketing / Airplane game" for poor dumb.

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