What are your thoughts about cryptocurrency?

View all responses

There was a time when money made noise.

A crisp dollar bill had its own sound. So did a handful of coins hitting the floor.

You could fold it, count it, lose it in the washing machine, or discover a twenty-dollar bill in an old coat pocket and feel as though you’d won the lottery.

Now somebody has invented a coin that doesn’t jingle, a wallet without leather, and a way to buy money with money in the hope that somebody else will pay more money for that money.

Find a penny, pick it up. All day long, you’ll have good luck.

I still believe that. And if I spot a quarter in the grocery store parking lot, you can bet I’m picking it up.

Now I’ve been told that one Bitcoin can be divided into a hundred million tiny pieces.

A hundred million?

Why do I suddenly feel like somebody just handed me a puzzle with no picture on the box?

Apparently, dividing something into smaller pieces doesn’t make it less valuable. A dollar has a hundred cents. Bitcoin has a hundred million little things called satoshis.

Satoshis.

I had to read that twice.

I must admit, the whole concept is intriguing. Do I understand it? Not particularly. Am I interested in understanding it?

Well, let’s not get carried away.

I prefer real estate, land, and stocks. Things I can walk on, drive past, or at least recognize on a financial statement.

As for cryptocurrency, I’ll leave that to the people who understand it.

I’ve got a perfectly good quarter in my pocket.

And I know exactly what it’s worth.

Eleanor Grace

The Rest Is His Story Avatar

Published by

Leave a Reply