http://www.forbes.com/sites/nathanvardi/2014/05/16/sec-warns-investors-about-pot-stocks-scams/Yesterday I went through the coindesk blog and plucked headlines showing the worldwide adoption of bitcoin - for purposes of illustrating that point to people...and then I added a second section showing all the headlines showing government and financial sector response. It really does drive it home that the people have chosen financial freedom and security and the government bodies are scared shitless.
The SEC issued another beware bitcoin-esque warning about penny stocks. I share it here because my brother works with this guy, well he workED with this guy who started trading and investing penny stocks on a couple of pot stocks. He ended up making 10 grand in a relatively shorter period of time than he'd have made on the job. Anyway, he quit his blue collar job and is trading penny stocks full time.
And the SEC doesn't like people doing that either it seems.
This is not to say being cautious is a bad thing - we should be. It's to highlight the all the squirming the powers that be are doing these days. Those who see the writing on the wall are beginning to squawk and holler. Those who don't are smugly shrugging it off and by the time they figure out what's been taking place, it'll be too late.
