More bitcoin idiocy
Yet another fraud theft described on the Beeb newspage. The relevance here is that the 'victim' was an ex-RAF Sqn Ldr. The 'bait', apparently, was yet another 'get-rich-quick' scheme based on the 'Emperors clothes' nonsense - bitcoin. The usual 'double your money overnight' sort of rubbish, with follow up ensnarement when the obviously nonsensical claims, turned out to be nonsensical. In theory this chap must have had a modicum of intelligence, yet he fell for the original spiel and continued when commonsense had to say he was being 'conned' !
These reports - and there are more and more of them daily, are becoming common currency (forgive the pun) for consumer programmes and the like. The (to me) most notable omission from the 'post-mortems' is the motivation on the victim's part ... greed. Why do people who, in almost all cases, have sufficient wealth, possessions, housing etc., feel the need to indulge in an enterprise. which by its very nature - quick, excessive profits - has to be chancy. ? When is enough not enough ?
Please reassure me that the following mantras don't need to be spelled out again .....
"If it seems to good to be true, IT IS !"
"There is NO such thing as a free lunch !"