Seven Reasons to Avoid Bitcoin
on May 3, 2022
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Bitcoin satisfies some of the characteristics of a currency, but there are at least seven areas of concern.
Bitcoin satisfies some of the characteristics of a currency, but there are at least seven areas of concern.
I expect that eventually Bitcoin will either develop a real, useful value for investors or the bubble will burst.
For a currency intended to make money simple and easy, IRS regulations make it a nightmare of compliance issues.
It might continue to boom. It might continue to bust.
A return to stable money would signal the death of the bitcoin and other stores of value used as hedges against dollar mismanagement.