Swedish crypto
Posted: Sun Mar 18, 2018 8:36 am
Has anyone else seen this ?
https://lessonsforsmbmanagment.com/2018 ... -startups/
Seems the Swedish government is backing a new crypto currency if the link s to believed. It talks of huge profits to be potentially made although I'm still dubious . I know some see these as Ponzi schemes and I do as well to a point in that the profits come from the value being inflated by the markets rather than simply by the influx of money at the bottom , however , I still maintain a healthy skepticism .
But the real question is , assuming this does take off in Sweden , will it spread to other countries and perhaps the UK and would , or should , we invest.
Edited to add,
There's supposedly profits to be made but it might be increasingly beyond the reach of some to calculate those profits ( this could easily be thread of it's own)
http://www.bbc.co.uk/news/education-43384434
https://lessonsforsmbmanagment.com/2018 ... -startups/
Seems the Swedish government is backing a new crypto currency if the link s to believed. It talks of huge profits to be potentially made although I'm still dubious . I know some see these as Ponzi schemes and I do as well to a point in that the profits come from the value being inflated by the markets rather than simply by the influx of money at the bottom , however , I still maintain a healthy skepticism .
But the real question is , assuming this does take off in Sweden , will it spread to other countries and perhaps the UK and would , or should , we invest.
Edited to add,
There's supposedly profits to be made but it might be increasingly beyond the reach of some to calculate those profits ( this could easily be thread of it's own)
http://www.bbc.co.uk/news/education-43384434