J Jerry (not verified) 2nd May 2013 | 12:14pm When a "currency" can lose 2/3 of its value in a day, it clearly fails the test as a store of value. Bitcoins = "Madoff money". Issuers unknown. Backed by nothing. A thin veneer of technology and fools rush in. The Celtics beat the Bulls in the game where Jordan scored 63 points. Makes it silly to claim that he schooled anyone. Reply
When a "currency" can lose 2/3 of its value in a day, it clearly fails the test as a store of value.
Bitcoins = "Madoff money". Issuers unknown. Backed by nothing. A thin veneer of technology and fools rush in.
The Celtics beat the Bulls in the game where Jordan scored 63 points. Makes it silly to claim that he schooled anyone.