Does Bitcoin guarantee an influx of free money?
Does Bitcoin guarantee an influx of free money?
Since Bitcoin is a new technology, what it is and how it works may be initially unclear. Bitcoin is sometimes presented as being one of three things:
- Some sort of online 'get-rich-quick' scam.
- A loophole in the market economy, the installation of which guarantees a steady influx of cash.
- A sure investment that will almost certainly yield a profit.
In fact, none of the above are true. Let's look at them independently.