What are your thoughts about cryptocurrency?

What are my thoughts….

To be short and succinct….A load of Bollocks.

So for a start they are/it is not legal tender that is recognised by governments.

Secondly the market is highly volatile so your gazillion crypto coins are worth ten by teatime … Somewhat of an exaggeration….

Thirdly. The market is unregulated… AKA the kind of scheme CMOT (Cut My Own Throat) Dibbler would be well up for. You cock up and go down the wrong route then you are on your own.

Finally and in a more political vein if Nigel FF Farage is interested in it then it basically tells you everything you need to know.

So in short who does it actually benefit… Average man on the street or some rich person getting richer….

As an aside a Crypto company was recently hacked as in Thursday 29th October  and lost something like $6.3billion. North Korea has been blamed….

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