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24-26) Just when you thought you had cured your colleague of his belief in too good to be true schemes, he comes in all excited
24-26) Just when you thought you had cured your colleague of his belief in too good to be true schemes, he comes in all excited about Bitcoin. He saw someone on television saying that Bitcoin was going to go to $25,000 and then he read an article on the Internet where someone else said it is going to $100,000. He can't wait to get in. This time, he does not ask for your opinion. He tells you that he is going to get started immediately and that you need to get started, too. He leaves your office enthusiastically. Please comment on what you know and believe about Bitcoin and other cryptocurrencies as an investment. (3 points - Don't worry about being right or wrong. We are all living through this mania so whatever you believe and say is fine with me. Although there are still some folks screaming that one Bitcoin will soon become worth a million dollars as the fiat currencies collapse because of the Deep State trying to destroy Trump or the Chinese creating a second coronavirus to unleash on the world, compared to the beginning of 2018, we do hear a whole lot less about Lambos and gold watches these days from the cryptocurrency crowd, don't we? Maybe that's a good sign that it is time to jump in? Nah! But it's your money, Dear Students. Best of luck and success in whatever investments - or speculations - you choose!)
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