The Dangers of Bitcoin - My Thoughts

Before you buy bitcoin, or tell someone else to do so, make sure you understand these fundamental risks...Richard is NOT a financial adviser, and the points expressed in this video are Richard's opinion. Richard does not have any position in Bitcoin. Sources:https://www.bloomberg.com/news/articles/2017-12-04/israeli-firm-strikes-digital-gold-with-canadian-miner-purchasehttps://www.thestar.com/business/2018/01/08/struggling-iced-tea-company-that-added-blockchain-to-name-seeks-funding-for-venture-into-bitcoin-mining.htmlhttp://www.globeinvestor.com/servlet/ArticleNews/story/GAM/20180113/RBMBITCOINBOPhttps://socialmediaweek.org/blog/2017/09/58-insane-facts-bitcoin-infographic/https://cointelegraph.com/explained/bitcoin-scaling-problem-explainedhttps://www.bloomberg.com/news/videos/2017-12-12/bitcoin-is-like-gold-2-0-says-tyler-winklevoss-videohttp://archive.fortune.com/magazines/fortune/fortune_archive/1996/04/15/211503/index.htmDISCLAIMER:The videos on this channel are for education purposes only and do not constitute financial advice. Richard Coffin is not registered to provide investment advice and as such does not provide recommendations on The Plain Bagel - those looking for investment advice should seek out a registered professional. Richard is not responsible for investment actions taken by viewers and his content should not be used as a basis for investment trades. Learn more about your ad choices. Visit megaphone.fm/adchoices