I agree. Speculation with debt is certainly a recurring pattern with whatever the latest buzz in the investment world is. Scary that people have mortgages for Bitcoin.
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I agree. Speculation with debt is certainly a recurring pattern with whatever the latest buzz in the investment world is. Scary that people have mortgages for Bitcoin.
It was bad enough when they had mortgages on houses they couldnt afford that were crashing in price. Now they have mortgages on bitcoin, one of the most volatile assets out there.
Pure stupidity.
Get rich quick is the mindset.
Yes, you are so right. I hope this mindset does not destroy the concept of crypto currencies before they can change the world.