George Soros on Bitcoin

Hungarian investor George Soros has, on numerous occasions, commented on the growing bubble that is Bitcoins.
He believes that Bitcoin is going to be the greatest investment fail of all time.
Why? BTC isn’t tied to any real value. The reason it’s blowing up is basically a matter of hype. Almost 90% of people who own BTC have no idea where the coin came from and/or where it gets its value from. They just jumped on the bandwagon to make some money.
What are the risks? It’s dangerous to invest blindly. What’s more dangerous, is investing where almost every investor has the fear of the unknown because they don’t understand the “system.”

To invest or not? Well, the financial market is a fair place. There will always be winners and losers. You just have to be smart about where you put your hard earned money.

**** George Soros shot into the limelight for making $1 billion by betting against the British pound in 1992.

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Wachana na Osoro.

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Sorrows…tulikuwa tumeambiwo ndie mkombozi wa .ke…

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I remember his field agent, in this village, pushing the man down our throat. It was just embarrassing.
Soro this, Soro that, Soro bla bla bla, Soro nyef nyef nyef.
Well, this is Kenya, which has proofed to be a waterloo for many. Just ask ICC, of in doubt.

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For a man of his talents, I am dissapointed he hasn’t yet formulated an elixir of immortality

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Now you’ve mentioned the Philosopher’s Stone, by any chance you come across the alchemicals for making that concoction, please share the recipe…:):):):slight_smile:

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MlicheSwa

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Anajua, hata akiinvest hatatumia bitcoins for that long

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