I’m really not an ‘I told you so’ kind of guy. But actually, I did, both last week and on several other occasions. Bitcoin could be the future. But I’d still like my fees to be paid in good old £sterling for the foreseeable, please. Another headline on a similar note this week, ‘Is Tesla a car company or a casino?’ The streets are not exactly packed with them (or anything, at the moment), yet the company’s value increased by £750bn (yes, that was a ‘b’ not an ‘m’) last year. ‘Chicken Oriental’, as Del Boy (kids etc.) might have said.
“US Justice’s largest ever financial seizure sees two arrests over $3.6bn stolen crypto”
I make a point of never recommending anything which is a)unregulated or b) I don’t understand and can’t explain. And here’s proof, were it ever needed, that crypto-bitcoins fall firmly into both categories…