Get rich quick scheme
Ever wish you could participate in a “get rich quick” scheme? Missed out on the Klondike? Never bought a piece of Apple? Have you been following that whole Bitcoin thing? Imagine… worth $0 only four years ago (I had that much to spend); up to $150 six week ago (if we skipped meals for a week, I could have purchased a pair); trading at $773 earlier this evening in Montreal. Better investment opportunity than Cabbage Patch dolls in their time.
Still a few difficulties to overcome, for you and me. They (bitcoins) don’t show up in my change at the corner store. The local ATM doesn’t have a slot, to give or receive. I’m not sure I’d know what to buy, with a coin that could be worth a grand by morning. Would I worry about it (I could only afford one, if I traded in something precious – a kidney?) falling out through an unnoticed hole in my pocket?
Obviously, virtual currency differs from the “real thing”. Governments haven’t figured out how to track it/them properly. Right now, try paying a bill at the bank with cash. You will be asked to provide identification (even when paying a bill to the government). Cash is faceless, and the revenue man hates that. Bitcoins are produced by magic (or a close approximation). You let your school lab run during off hours and collect the benefit (one coin at a time) at the end of the month. Hardly an option for more than one or two entrepreneurs per grade level.
By the time I finally get my own bitcoin, it will be illegal. Unlike Cabbage Patch dolls.
