Originally Posted by barry12345

One of our members in the appliance business. Was mining bitcoin years ago. We never see him post anymore yet I hope he has done well.

I expressed an opinion to pay for the mining machines if possible first. If it collapsed otherwise you could lose money. I did not speculate at the time if it would become what it has or would not.

He was a strong believer and he may have been nicely rewarded for it. i kind of enjoy other people doing well. Also he was not out buying them at market price. So even back then I thought any financial exposure he had was minimal.

Crypto currencies have one potential problem at least in my mind. The wealthiest man in the world possibly watches them. If he ever feels they are a risk to him. I suspect he will eliminate the risk. You can do a lot if you control 700 trillion dollars. That family historically never had any issue with dealing with anything they saw as problems. The net worth I mentioned is an older figure as well. What would it be today?