Bitcoin has grown around 2.5 times in 2023. That’s good news for…

…absolutely nobody

At least no financially sensible person

Why?

Bitcoin is fake money that has no use except for speculation and crime. Do you remember what happened at FTX and Binance?

FTX lost billions of investor money. B-I-L-L-I-O-N-S.

Binance was basically running as a money laundering racket.

18 months of crypto winter

Countless cryptocurrencies have become worthless; many have collapsed entirely. Yet, Bitcoin is surging, well-positioned to lure in new investors.

Be warned

Bitcoin may surge further but… A) It lacks inherent value B) It lacks productive utility C) Its price swings depend on hype, not fundamental economic drivers

Restrictions in India

Luckily, severe tax measures have effectively shunned crypto trading. It’s become a ban without a ban. That said, an outright ban would have been better.

Cryptomania taps into human greed. But stay strong!

Thanks for Reading!