Photo Credit: bitcoinworld.blogspot.ru

By Catherine Austin Fitts

The push is on for prototyping digital currencies to build out the Internet platform financial markets. The shills are back hawking Bitcoin today.

Here is the 411 on Bitcoin.

This is not an investment. This is a currency speculation, which will either be allowed to help prototype and adopt digital currencies, as venture capital is positioned in and around Bitcoin or similar currencies, or, if not allowed, will go the way of the Liberty Dollar.

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If you buy Bitcoin, you should be prepared to lose 100% of your money. If you are curious, try it to learn what it is about. While the Internet is still in the invention room, this activity will grow.

If you want a good investment use your time to do something or invest in something that helps make you and other people better off in the real world. There are lots of excellent opportunities in that category.

Related Reading:

Man buys $27 of bitcoin, forgets about them, finds they’re now worth $886k

Bitcoin’s Radical Days Are Over. Here’s How to Take It Mainstream

Man has $16,500 worth of Bitcoin stolen from MtGox

FBI Says It’s Seized $28.5 Million In Bitcoins From Ross Ulbricht, Alleged Owner Of Silk Road

Bitcoin Pursues the Mainstream

 

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