Monday, November 27, 2017
Good Luck Collecting Bitcoins Kansas City!!!
For our KICK-ASS TKC SHIFT WORKER DENIZENS we offer a quick missive on the sordid topic of coin . . . Bitcoin.
Kansas City financial moguls might be a bit behind the curve on the subject of cryptocurrency and now the whole world is starting to play catch-up thanks to a recent bit of good press.
TKC won't pretend to give any financial advice given that all of our money is "invested" in snack cakes and a roughly aged collection of classic Transformers.
Nevertheless . . .
It's fun to see so many of social media "friends" bragging about their bitcoin millions. We're waiting to witness these folks try to redeem these digital riches for any kind of goods or services in the real world . . . However, social media cred is equally valuable according your mobile phone that dictates the pace and quality of most American lives.
Either way, the scarcity is real and the buzz is impossible to deny . . . Only time will tell if that adds up to real value and/or yet another shortcut to working for the Kansas City, MO $7.85 minimum wage in 2018.
Check the links . . .
Fortune: Bitcoin Is Getting Really Close To $10,000. Here's What Analysts Are Saying.
CNBC: Bitcoin exchange Coinbase has more users than stock brokerage Schwab
New York Times: As Bitcoin Scrapes $10000, an Investment Boom Like No Other
Biz Insider: One of Asia’s largest banks has labelled bitcoin a “ponzi scheme” riddled with hidden costs, joining a number of banks worldwide which have expressed several concerns over the cryptocurrency.
MIC: Is bitcoin really worth $10,000 — or is it in a bubble? The truth about bitcoin’s rapid price rise
You decide . . .