I was a pessimist that bitcoin will go over 20k ,now it's over 30k
From my perspective btc is worthless same as cash ...it has no value for me
I value the technology, lesser so the currency. I've been watching the price and see people making predictions of it going a lot higher but I doubt I trust the current pricing or where the rise is coming from...
Question is how will be responsible for the suicides & murders...when they start happening ?
Poor people gamble their savings now thinking they will get rich quick ...
The poor and the rich alike are going to do this and I feel this is entirely the fault of governments.
People in the US in public schools afaik have NO financial education afaik, in Europe you get some education on how to file taxes, set up a business, invest (not to pull out when stuff falls - stock market) but they still don't teach much on it.
If your not rich be careful and read a lot about crypto ,see the good side and bad side of it before you invest in it .
How is going to pay when pension funds will start investing and they will lose people's money ? As some fund managers are already playing Russian roulette...
Stupid and corrupt govs ...that's how i blame.
Pension funds look really bad just generally.
In the UK when you pay into your pension to a company, the government adds 25% on to it from what I can tell for the moment - that's a lot of money going into mismanagement pensions themselves shupd be a way for people to save for their retirement but instead they look to be a way to employ a whole other company from your own and pay someone of your breed an extortionate amount do not do very much...