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modrepub

(3,855 posts)
2. Crypto Violates Basic Investing Principles
Fri Dec 3, 2021, 10:45 AM
Dec 2021

Rule of thumb is don't invest in anything you don't understand. And as a corollary, avoid investing in anything that cab drivers and the like seem to be pouring money into.

I've read articles of investors buying small power plants to run their data mining algorithms. It just seems very odd.

https://jamaica-gleaner.com/article/business/20210804/waste-coal-burning-plant-diversifies-crypto-mining

Not sure where this will go but the block-chain tech associated with crypto is something that may have a value in the future. Who knows.

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