Do we have a finance thread?

This whole crypto currency, NFTs, etc?

Are any of these “currencies” registered? If not, why would anyone invest?

They came out with these to avoid Federal regulation, and now all of a sudden they come crying to the FDIC.

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Right? Sorry bucko, you don’t get to play both sides of the issue.

It all seems so sketchy to me from the get go.

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"Property is theft!" (French: La propriété, c’est le vol!) is a slogan coined by French anarchist Pierre-Joseph Proudhon in his 1840 book What Is Property? or, An Inquiry into the Principle of Right and of Government.

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Ouch!

Apparently, they’re terrible investments.

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Yes But, sometimes when markets have collapsed a small investment can reap big rewards…

Interesting. I wish I was in on one of those deals.

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I had an Accounting Professor that knew all the Nike guys and passed on their many pleas to come on board, But he get’s free shoes for life! He had many other stories of such missed opportunities

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My kids both had the same teacher at school. They both heard the story about how she wanted to be an early investor in Apple, but her husband didn’t agree on the investment.

She apparently made it clear to him how she could be retired if he had listened to her. Yikes! I wouldn’t want to be in his situation.

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