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Hugo Salinas Price: Bitcoin and its fellows are toys for the wise, investments for the foolish
By Hugo Salinas Price
Mexican Civic Association for Silver
Thursday, June 17, 2021
Some people like to play with danger. They get a thrill out of snatching life from the jaws of death.
Look at the videos of surf-boarders. Mounted on their boards, they rush at breakneck speed down absolutely mountainous waves that break thunderously as they reach the shore. Surf-boarders do this because of the thrill of cheating death of themselves as its victims.
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There are endless ways of getting the thrill of cheating death of its victim.
One of them is to play with the danger of bitcoin -- supposedly a "digital currency." Those who are wise know the danger of playing with bitcoin, but that doesn't put them off. On the contrary, the danger incites their participation in the game. They love the thrill.
Bitcoin is not money. It is not a currency. It is only a digital game -- a game that consists of accumulating electronic digits, which are supposed to represent dollars or some other empty -- supposedly "monetary" -- digits. ...
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