Comments by "serafina costa" (@serafinacosta7118) on "The Fake Genius: a $30 BILLION Fraud." video.

  1. Anyone who is you consider to invest into these new age currencies work needs to study the history of currencies through the ages. If you haven’t then, you are guilible for punishment and had it coming. Most currencies existed because of general acceptance as a tender for transactions. Like it can be exchanged for goods at the general grocery store. And then stability of such currencies. You have countries switching to the US dollar because of their home currency wild flutuations in value and supply. You would not invest into your Venezuelan Peso, then why in heavens would you hedge on a currency that swings in value wildly ? Even if it is upwards. The whole idea of investing in a currency because there are no intermediaries , it’s romantic to downright pathetic. There is always one party that will control supply .Exchanges, Central Banks , Miners. They are all fancy names for the same intermediaries , or bookies. There is speculation ( krypto ) , and investments ( real estate, bonds , stocks , buying a cow , machinery ). The later can be misused or create wealth. The former creates nothing. It is just a Ponzi scheme.
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