Behind the collapse: The real cost of Bitcoin's fall from grace

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Many businesses saw their fortunes rise - and then fall - with those of Bitcoin and some people even lost their homes.

 

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BBCJersey itvchanneltv JEPnews Channel103 StatesAssembly rwandagov StatesofJersey Remember when 'Ozouf was Treasury Minister, recommended BIT coin as investment? How many millions this idiot caused to be lost?' Failure Ozouf in 'all he touched'!!

I heard an American economics professor, no less, proclaiming that crypto currency 💱 was the future....🙄 The story of the Emperor and his new clothes, yet again.

Its smoke and mirrors. The kings new clothes. People made a mint, but now like the Euro, Bitcoin is bust.

Let's hope that business losses to dabbling in Bitcoin are not tax deductible. If you play with fire, you deserve to get burned.

Capitulation.

That would be because anyone with an economics O level or history even would be able to look at the Bitcoin concept and know it's a true bubble. Like tulips before it it's inherent worth is 0. Any confidence based currency must fail. No reserve, no national bank= BUBBLE!

You mean its worse then the Euro? Holy angels. Anyhoo please invest in my Rocking Horse Shit investment scheme.

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