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I just don't want to waste money to buy a book that tells me what I already know. I've listened to a few interviews with the author and haven't learned anything new. Even he has his doubts about it's effectiveness as a currency. Have you read "The Emperor's New Clothes"

Here is the difference. If I owned any of those companies, 100% of the shares, and didn't want to sell any shares, I would still have a source of income. I could sell a car or a product or advertising or a service and people would pay me. If I owned all the bitcoin ever mined, I have no income...

I can tell you what the earnings and revenue of the above companies. I can tell you how they make their money. Gold coins, silver bars, and rare art can all be held in my hand. They exist. Bitcoin is virtual and doesn't really exist. What does a bitcoin do and how does it make you money?

Is the book (s) going to tell me anything you haven't? Just because something is written in a book doesn't make it true.

A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors. If you want to sell, where does the money come from.

How many investors? Going back to the investment club set up. You can be the portfolio manager, authorized to make trades but you need club permission to withdraw funds.

OK How about limiting the block chain. I'm grasping at straws but I figure if something can go wrong it probably will. It's just that I see it as a Ponzi. A miner solves a problem and gets a reward in bitcoin. The miner cashes that bitcoin by exchanging it for cash from an investor. The only...

Good ole Elon. Free you say. So there is no way the government could shut down the internet.

History repeating itself. Always a new empire shows up. Crypto won't make a big difference.

You realize that if the govenrment banned the internet your crypto is worthless. That is what bothers me. Could the government control the internet?

The debt based system and fiat currency have been with us for quite a while. When the system breaks down the currency is revalued. (Old Peso exchanged for new peso) Life goes on. Crypto won't change the way the economy functions.

Because crytpo is make believe. You need a greater fool to take it off your hands.

What catalyst makes these stocks buyable. What change in fundamentals would cause you to start a position? PBR doesn't seem to have earnings. I would think a dividend not covered by earnings would be suspect, especially a high dividend.

Could you give an example? What's in your portfolio? Mine is mostly cash with a few enery stocks.

And how does that enhance the value of bitcoin?

But what makes it worth that price? What someone else is willing to pay for it. Why are the exchanges spending millions on ads and naming rights for stadiums. My guess is to find more fools. Gotta remeber that these markets are not set up for investors to make money they are set up for the...

From what I understand there isn't that much more bitcoin to be mined until we reach the max. Then the miners will just record transactions and recieve fees for their effort. What will cause the value to increase? Just the fact that it's rare? Right now investors are pouring money into...

Why does that affect bitcoin? Isn't part of the appeal of bitcoin that it won't be affected by governments?

"Only two sailors, in my experience, never ran aground. One never left port, and the other was an atrocious liar." (Don Bamford) Smooth sailing!!!

Same opportunity that you have. Get out while you can :) Just giving you a hard time.