How can anyone believe that "the upward pressure on inflation is temporary" when the intent is to create and dump TRILLIONS OF DOLLARS into the economy? That statement mells like an intentional fallacy from where I stand. Over the past few hundred years, each instance of greatly increasing the supply of money without any backing has resulted in inflation. So how can it be "different this time" as it is claimed to be???

Friend gold will still be there and while it can protect the value of wealth it is still not a guarantee of survival. A promise? Yes, but not a sure guarantee.

This article is rather educational, indeed. Now it becomes clear that the "value" created by Bitcoin miners is functionally no different than winning in a video game, with the only actual investment being in the power to run the computers. So why claim that this has any value to others? The whole process looks to exist as a means of having a record-less checking account, but possibly with somewhat better security, maybe. So at least with Bitcoin it looks like folks are investing in a cloud of smoke that swirls into pretty patterns. Looking like a giant leap of faith, trusting in an unverified deity. Not an investment that I would recommend.

Certainly this is a valid point, that system security is in need of better protection. And the valid security organizations that produce products that actually work well will do well. And everything from microsoft is still shipped long before it is ready to ship, as evidenced by the weekly patches and fixes. But that appear to be their business plan.

I did not realize that bitcoins were property and not currency. Interesting indeed. Perhaps this fad WILL pas. I hope.

How can a currency be useful when the price keeps dancing around like a demon possessed dervish? That makes very little sense.

And the share price jumping up and down based on Elon Musk tweets? That is just DUMB. The best would be if nobody would ever buy the shares perhaps this dream could be ended.

Interesting advice, although it is a bit generic.

Doubled Down????

This explains that an adequately spread product line can be a good business plan.

Relatively new businesses will have ups and downs, but it seems that it is still producing a net profit.

So tears about reduced profits are not met with much sympathy here.

Thanks for a great article that was useful and educational.