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The dangers of embracing cryptocurrency

I have a friend, let’s call him Joe, who runs a small restaurant and is really upset about the recent stock market declines. I can’t blame him. We’re in a bear market now. It’s ugly. So, what does Joe want to do? He wants to take some of his assets out of the market and bet it all on — God help us — cryptocurrency in a desperate effort to keep his business running.

No! Just no!

That’s literally jumping from the frying pan into the fire. Yes, I’m a crypto-cynic. As far as I’m concerned, Bitcoin, Dogecoin, Ethereum, all the cryptocurrencies, are one big con job.

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Source:: Computerworld