Reply to "Lloyds Bans Credit Card Customers From Buying Cryptocurrency"

UbuPost Master

A "most excellent" post River Runner. Kudos

"As an investment in cryptocurrency, what is it backed by? " You know the same question could be asked about the Dollar. I am new to the bitcoin and block chain arena and have a lot of questions myself.

Yes, I do know some folks that have made money from cryptocurrencies. Their mindset was that it's like playing the stock market or going to Tunica. "If you want the blue chips you have to take the risk".

I am not that brave myself. I look at those big buildings and I am reminded that they were not built by paying out to winners.

Here is an article that I found you might enjoy.

https://www.coindesk.com/forge...n-is-backed-by-time/

2/6/189:46 AM

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