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THE CRYPTO REVOLUTION

Is this the beginning of the next pandemic surge?  From the  New York Times  this morning. You've read about  Philadelphia's return to indoor masks .   But what about the other regions?   Remember when the Alpha variant hit Michigan and Minnesota about a year ago...then fizzled?   So sure predictions are difficult.  Of course, most new cases are being caused by the Omicron BA.2 subvariant, the most contagious virus yet, but the combination of vaccinations, high number of previous asymptomatic cases, home tests ( which are generally not reported ) and mildness of the resultant symptoms is not affecting the hospitalization rate, with a continuing decline of death rates.   We are now in the mode of uncertainty tinged with optimism. The  crypto world is erupting .  It's possible that this could become a revolution.  However, anything relatively new remains perilous, and this financing option could just as easily blow up into obscurity, for the system is vulnerable to too many r

THE MYSTERIOUS WORLD OF BITCOIN, CRYPTOCURRENCY AND NON-FUNGIBLE TOKENS

Some of us put money in a bank and try to maximize the interest rate.  According to Michael Saylor, the conventional monetary supply devalues the dollar by 15%/year, if you are so unconscious as to do this.  Then there are others who conservatively dabble in the stock or bond market.  Have you thought of, like Elon Musk , investing in Bitcoin?  The March 29/April 5, 2021 issue of Time featured this whole new world of cryptocurrency. Let me start with, What is a cryptocurrency ?  It is digital money in the form of virtual tokens or coins.   While you were economically snoozing, just during this past decade, the financial world was inundated with more than 5,000 cryptocurrencies .  Bitcoin was the first ( 2009 ) and is by far the most prominent, but there is Ethereum (2015), which does something slightly different. Bitcoin is what you're most familiar with, and the story reads like a fable, or mystery novel: If you had invested $100 in October of 2010, this is now worth $58.2 mill