Wednesday, January 7, 2015

Bitcoin : Will They Work? Probably Not.

Governments Will Figure A Way To Make Them Unsuccessful

As far as crypto currencies I don`t know. I know the theory and I don`t know why they would not work. My suspicion is that if they work, and they seem to be working, the governments are going to get very agitated because the governments like to have monopolies on money and they will do something to make them illegal or tax them. They will figure out some way to make crypto currencies not successful. 

Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).