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Non-Tech : Kirk's Market Thoughts
COHR 138.01-11.9%3:11 PM EST
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To: Kirk © who wrote (14942)12/21/2022 12:48:36 PM
From: robert b furman2 Recommendations

Recommended By
Hank Scorpio
Kirk ©

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Hi Kirk,

Bit Coin was created to act as a store of value. It was created to protect a person from the perpetual decline of fiat sovereign currency.

It got wonerful claims regarding the value of "Block chain technology" which may have value in other applications ( I'm not informed of what it truly is).

Bit coin morphed into an anonymous instrument which could hide wealth transfers outside of government control/access.

It became the thugs favorite currency for holding up businesses on ransomware extortion.

It was a nefarious instrument billed as the one thing it never provided "protection of one's currency wealth.

It has failed miserably. It has been a fraudulent instrument far too often.

I think Trump and any government official needs to outlaw it.

There is no insurance behind it, to validate it.

Why would any government get involved in securing its supposed purpose of protecting ones value if they put it in Wallet?

It should simply be called a fool's bet and not considered legal in the USA.

If I see a politician wanting to legitimize it or any cripto, I think he needs to declare how much money he's been given to take that position.

Cripto will never see a penny of my money!

Period end of story for me.

If there has ever been a better story about how a fool and their money can be separated, Samuel Bankman Fried has certainly become the poster boy!

Bob
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