Bitcoin free fall

Bitcoin is in free fall. Within a few minutes its price dropped by over 15%. Over the last month or so its value had been fairly stable at between £4,700 and £5,000. Not now, the last time I looked it was heading towards the £4,200 mark. It’s price may go up, it may go down … Continue reading Bitcoin free fall

Don’t buy a bitcoin

Don’t buy a bitcoin. In fact don’t buy any cryptocurrency. They are not really worth anything, at least that is what the financial institutions are telling us. They are not like gold, or any other commodity, that is tangible. You can’t hold a bitcoin in your hand or feel it rattle in your pocket as … Continue reading Don’t buy a bitcoin

Bitcoin babble

Bitcoin is in a bubble. That is obvious to anyone who has even the passing interest in cryptocurrencies. Money is pouring into the currency faster than Noah’s flood. Cyberspace is filled with commentary on every fluctuation and stutter yet the majority of what is said is babble, fill or rubbish. My interest in cryptocurrencies is … Continue reading Bitcoin babble

Remember when we had banks

Oh no, I have got a cheque. I’ll have to traipse down to the bank and put it into my account but there hasn’t been a branch of my bank in Morpeth for years. The nearest must be ten kilometers away. I’ll leave it until I go into town next. Even though the branch on … Continue reading Remember when we had banks