Crypto: Just a Speculative Mania?

You don't have to read the whole article. Just take three things away from this....

1) The mainstream also misses the core driver of bitcoin and cryptocurrencies: the current financial system is doomed....

2) While a few of my global correspondents own the primary cryptocurrencies, and a few speculate in the pool of lesser cryptocurrencies, I know of only one friend/relative/colleague/neighbor who owns cryptocurrency.

When only one of your circle of acquaintances, colleagues, friends, neighbors and extended family own an asset, there is no way that asset can be in a bubble. That's because the pool of potential buyers is thousands of times larger than the pool of present owners.

3) Get some!

PLEASE NOTE USE OF THIS BLOG IS AT YOUR OWN RISK AND SHOULD NOT BE CONSTRUED AS FINANCIAL ADVICE!

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