My arse that the stockmarket is safer than cryptocurrency

[TheSpiceParticipant 2644]

Bitcoin has shot its “Tulip Mania” load (surpassing it, btw, so we should be officially using “Bitcoin Mania”). It will have its continued ups and downs, but be sure that its downs will carry the weight for awhile and when it’s all over, nobody will want it.

Stocks are infinitely more safe, which isn’t saying anything since I regard crypto as 0% safe.

"I've been thinking about what it would be like if we got back together."
"You know it's too late for that."

[IGMOW (I Go My Own Way)Participant 2572]

With the Internet of Things, and other things, like the financial markets looking to secure things, and reduce transaction fees, Everything is getting turned into tokens, and free to be distributed on open markets. Bitcoin is a testcase for the technology, and a lot of innovation is going there.

What is going to happen is that, increasingly, currency for exchange is going to end up being privately issued and traded on open markets. This will represent the exchange of value between people and organizations. It will provide new ways of financing also, as what a company is worth, from its equity, to production, can be connected in new ways and exchanged. It will be different than bonds, or giving up equity.

Everything is going there now, and that can clear up bottlenecks going on.

Anyhow, just my take.

"I am my own thang. Any questions?" - Davis S Pumpkins.

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