I avoid recommending stuff which even I don’t understand. That’s where I am with Bitcoin and Cryptocurrencies. The cost of mining them, for example: aren’t they just computer algorithms? Could I coherently explain a computer algorithm? Yes, many, including one or two clients, have made actual money out of their DIY Bitcoining. But many more, who understand less than me, have had a go and lost fortunes to scams. How many of the population of El Salvador will know what’s going on if Bitcoin becomes their official currency? Not many; but if it happens, somebody, somewhere, probably in lots of places, will make lots of dodgy dollars, I’d guess.
“Crypto crisis: how digital currencies went from boom to collapse”
There were so many signs, huge banners even, pointing to the fortunes that might be lost by investing in crypto bitcoins and the like.
