Here is the daily entertainment..
Here’s what my brother has to say about it:
“I don’t like it. The principal use case for it is money laundering and illicit payments (eg ransomware). The energy and computer power used for mining it is a waste of resources IMO. Its biggest proponents are often sleazy pump and dump scammers. It’s marketed as a commodity/diversified asset but it’s highly correlated to the Nasdaq or QQQ so not much strategic value there. I’d rather own gold or bonds.”
#hfsp #bitcoin