Bitcoin Yahoo Finance

OMG This bitcoin idiocy has a link on Yahoo

2011-06-03 07:27:28 by crazee_unchained


These guys have "created their own currency". They say it can't be "printed" because there are only 21 million bitcoins or something and the supply is limited.
So that is supposed to save it from being "printed"
They know zero about economics. It is a simply pyramid scheme. The people in at the beginning make money and the people in at the end lose money. And fraud will run rampant, of course, as nobody can track anything. If you send your money to someone and they just run away with it, you are SOL.
People are Idiots.

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