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Spectator Out Loud: Martin Vander Weyer, Laurie Graham, Michael Mosbacher

Best of the Spectator

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Cryptocurrency Market Trends - What Goes Up Must Come Down

What goes up must come down, especially when the thing in question has no intrinsic value. You can't melt bit coin to make jewelry or carry it in your pocket across borders. No tral bank promises to pay its bearer anything at all. It's a virtual gambling chip, nothing more. If you made a modest crypto bet with spare cash last year, doubled your stake and bought a top of the range pelaton, i salute you. If you went larger and hung on, and now you're wondering where half your life's savings have gone, i unsympathetic. Old fashioned gold is still a lot safer as a haven from troubled times,. that was martin van derwe

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