The Paid Shills are At It Again. I Laughed All the Way Through This Article About Bitcoin.
The title of the article alone was laughable, "Bitcoin passes $1,000 but only number that matters is zero. Crypto currency trading not even a rounding error in the world of modern finance".
He got one thing right in that title. Bitcoin and Crypto Currency are not even a rounding error in the world of modern finance. This is how I hope the world of Crypto Currency stays for a few more years as we undermine the establishment banking system with a peer to peer, bankers need not apply, currency and contract system. Keep hoarding your Crypto Currencies while the masses beg for their fiat currencies from their masters.
The author Dan McCrum finished up the article by saying that Bitcoin has all of the hallmarks of a Pyramid Scheme and the value is equal to any pyramid scheme which is $0. Bwahaha this guy is a piece of work. Sounds more like a child trying to negotiate with his inner voice telling him that he should have gotten on the Bitcoin train years ago. Could of, should of, would of Dan. He tried his best to compare Bitcoin to Industrial age institutions but failed to convince me.
Now he probably thinks that Bitcoin is an eight year old, "flash in the pan" that will go away and he can say, "I told you". He can join Mike Hearn on the sidelines and say the Bitcoin experiment has failed.
I Hope He at Least Got Paid a Good Bit of Dollars or Pounds to Write That Crap!
Dan You are welcome to join us on Steemit and write an article about how you were coerced into writing such a puff piece for the ancient banking system. I promise I won't flag your posts here on Steemit.
I will probably earn more writing on Steemit this week than he would earn writing that article for an antiquated news source like Financial Times.