SECRET phone call revealed:
Nerd: Hello! Nerd here. Can I give you a bunch of numbers on a computer monitor in exchange of real, heavy, chunky, nitrogen-rich fertilizer?
Merchant: Sure! Central Banks do it all the time. How much do you want?
Nerd: How about a shipload worth 3 million USD to start with?
Merchant: Not a problem. If you'll arrange for the number 12.500 to appear on my monitor screen I will arrange for 600
20-ton trucks to deliver the fertilizer to a ship of your choice for transport. But what is there for me?
Nerd: Well, remember the guy who thought 10.000 bitcoins are worth a pizza? Today, this number on a screen equals 4
million USD! It's a proven fact! So, you keep in your hardrive this number, keep fulfilling new orders of same numbers
coming in for a few months and voila! Your numbers on screen will pay you double. There are thousands out there waiting
to get rich with crypto.
Merchant: You've got a deal! I can put 10-20 millions on the line to be part of this crypto revolution.It's certainly
gona be much more fun than the time I lost 10 million to Fanny Mae... Plus I'm looking forward to explaining to my
taxman what is the meaning of URO...
Nerd: Speaking of fun, you can have some crazy trades over at bittrex. That could make you some extra fun cash.
Moral of the story:
1- Only idiots believe a crypto coin can buy a real commodity
2- Only idiots believed that 1 bitcoin could ever buy 500 USD
3- It takes a totally stupid moron to think some weird math could ever have any value
4- It took totally stupid morons to build current banking system, VISAs, MCs and Chicago Commodities
5- When you deal with new things you deal with risk and uncertainty
6- All economic life boils down to risk handling.
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