Know What You Are Buying

If you have been near a television, radio or computer in the past few months you have heard someone mention bitcoin, the digital currency. It’s been in the news lately because its value has soared. And remember that the value of most everything is not intrinsic. It is what someone will pay for it. A man in NY took advantage of that, combined with the fact that most people know nothing about bitcoin, including what this digital currency looks like. He made a million dollars selling bitcoins, but he was really selling them Chuck E Cheese tokens.

Jeffrey L Cohen

Jeffrey L Cohen