The Bitcoin Fairy

Yippee!

Bitcoin did a split and holders are twice as rich! Don’t you wish YOU were them?

Some people have wisely observed that Bitcoin is a pyramid scheme. It is, but the reason why is not at all clear.

And so suckers are still buying in to Bitcoin (BTC), while better ideas languish. It’s incredible.

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Shades of Things to Come 1

In the U.S., the “Glass-Steagall act” prevented, at least to an extent, financial gamesters from pirating the economy, by limiting some of the ways that the economy could be robbed and exploited. Then they effectively repealed Glass-Steagall, and the financial system was rigged and played to the point of breakdown. Then they supposedly implemented some “controls,” but nothing stops them from just turning around and “repealing” again, then robbing, cheating, stealing and crashing the financial system again.

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