Photo by Pixabay on Pexels.com Warren Buffett, arguably the most successful investor in the world and ninth richest person as of January 2022, does not like Bitcoin. His partner Charlie Munger is very outspoken and has said that Bitcoin is ‘disgusting and bad for civilisation’. He says that ‘bitcoin is created out of thin air’ … Continue reading Is Bitcoin really bad for Civilisation?
Tag: cryptocurrency
The Faith of Bitcoin
Photo by Ryutaro Tsukata on Pexels.com Cryptocurrency is described by critics as the product of a mass willingness to believe, somewhat akin to faith. In many ways it is just a currency that has very limited purchasing options so should be fairly illiquid and disregarded but valuations have been soaring. Bitcoin has more than quadrupled … Continue reading The Faith of Bitcoin
Rebel Economics 