[Lekooks] Crypto

Fran B. sandhillcrane at hotmail.com
Tue Feb 22 10:00:19 CST 2022


I believe there is nothing,  absolutely nothing,  behind crypto currency; no government,  no product. Kind of like religion.  It's backed by the faith of the investor.

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________________________________
From: Lekooks <lekooks-bounces at lekook.org> on behalf of Gerald Flakas via Lekooks <lekooks at lekook.org>
Sent: Tuesday, February 22, 2022 9:51:08 AM
To: lekooks at lekook.org <lekooks at lekook.org>
Subject: [Lekooks] Crypto

I have been seeing lots of ads lately for ways to "invest" in crypto-currencies.
Could any of you explain crypto-currencies, in particular, how they are different from the Dutch tulip bulb craze in the 1600's (except that those who bought the bulbs actually got real tulips)?

Thanks,

Gerry F.

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