Monday, June 19, 2017

John Rubino – Tulip Backed Crypto-Currencies?

from Financial Survival Network

John Rubino asks what can you say about crypto-currencies that hasn’t been said already. However, John and I are proposing a new form of crypto backed up by Tulips, preferably the Dutch variety. After all, Tulip prices only go up, right? And what of all those ICO’s (Initial Coin Offerings) that are headed to the moon and back. Just today Bancor raised $153 million. Pretty good work if you can get it. Now Amazon is taking over Wholier Than Thou Foods. What could possibly go wrong. Just take an old fashioned business, add robots and internet ordering and make a zillion dollars. It always works out in the long run, but then again in the long run we’re all dead.

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from Kerry Lutz Podcasts – Financial Survival Network http://ift.tt/2rJFg6e

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