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Re: Jimzin post# 74903

Tuesday, 10/03/2017 1:17:50 PM

Tuesday, October 03, 2017 1:17:50 PM

Post# of 111482
A prospectus.

J. Dimon's point was currencies are created when a Government in a Country authorizes a monetary issue and backs it.

Cryptocurrencies do not have this model.

Will they ever?

Why should they trade for any denomination higher than a Country's credit that authorizes it?

Aren't Cryptos traded by billionaires and tech miners hoping to corner a market for the largest share?

What is authentic about that?

Kim Jong In wants his own time zone. Is that a wise decision, too?

mojo

“The ideas of debtor and creditor as to what constitutes a good time never coincide," P.G. Wodehouse, Love Among the Chickens