Subj : Recently uncovered.
To : BOB BREED
From : BOB KLAHN
Date : Sun Feb 09 2014 02:53 am
BB> ...
BK>> So, tell me, is the Bit Coin a money laundering scheme, a Ponzi
BK>> Scheme, or both?
BB> It's backed by nothing, much like out paper money.
BB> I see it as a fad and will peak out, then fold.
Since people have money in it, and if it folds they lose their
money, I see that as a Ponzi Scheme.
BOB KLAHN
[email protected] http://home.toltbbs.com/bobklahn
... I think, there 4 AM.
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