Stop misleading people

Re: Entrepreneur defends bitcoins, cryptocurrency

There is nothing I don’t know about cryptocurrencies. I’m here for the central bank meetings this week, wearing Blockchain socks. 

Don’t buy cryptocurrencies, they are snake oil. There is nothing backing them. Claiming they have more utility than Tala is speaking with tongues. 

Try spending a Bitcoin in Savaii. Or London. You’d have more luck bartering with a bag of rice. Shame on these people, who are selling hype and greed, on the basis that they think others are doing the same. Cryptocurrencies will die out. They are no more use than used cinema tickets. Go home Mr. Nkwilimba, and take your false hopes with you.

 

Island C.

Related Stories


Bg pattern top

Sign in for free to read more stories

Bg pattern light

UPGRADE TO PREMIUM

Subscribe to Samoa Observer Online

Enjoy access to over a thousand articles per month, on any device as well as feature-length investigative articles.

Ready to signup?