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Bitcoin blues
Manage episode 348184625 series 3411130
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Like millions of other people, I could have made a fortune in Bitcoin. Of course, I could have made a fortune in a lot of other things that I didn’t wanna take a chance on, because I didn’t understand it. Bitcoin wasn’t understandable and it reminded me of the tulip bulb financial collapse in Holland about 200 years ago, when people would mortgage their house just to buy one tulip bulb. And when that collapsed, the country collapsed with it. Bitcoin was creating value on a computer program. I just didn’t get it. So when I could have bought Bitcoin at $0.50 each, I decided against it. Last week when Bitcoin, another cryptocurrencies collapsed. I didn’t lose any money. But I’m still wondering whether I should have gotten involved when a Bitcoin cost $0.50, and I could have sold it for $100,000. But I wonder if I could have lived with myself after that.
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