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How do we Make Sense of All the New Cryptocurrency?
Finding value in the make-believe
Who cares.
Seriously, who cares?
You’re not describing a new technology. Even if you were, it’s highly likely you wouldn’t know how it works.
You’re not a wise predictor, you’re not a sage, and you’re certainly not a guru. Neither is the thousand pounds of material on the space that is published every single hour.
If you’re holding bitcoin today, it’s because you can risk to lose it. If you’re a healthy, sane-minded individual, at least.
Otherwise, you’re an idiot. Amidst all the talk about the cryptocurrency, I’m certain that I’m uncertain about its future. That’s not a bad thing: That’s a reality. I’m one of those people holding bitcoin. I stand to lose what I’m holding.
Why is it that the sages and gurus only pop up after bitcoin spiked from three-digit valuation to five?
It’s because the movement was unanticipated and it carved the way for pseudo-science to exploit the marketplace. Since then, there is a new digital currency popping up every single day.
If something is predictable, everybody would do it, or would have done it, meaning the price of the object that people are purchasing is…
