In 2013, James Altucher called bitcoin “a fad, or a scam, or a ponzi scheme, or worse.”
Now, he’s become the face of the bitcoin bubble, appearing in ads across the internet touting the cryptocurrency — along with his paid newsletters with titles like, “Bitcoin Expert Reveals 3-Step Secret To Retire Rich.”
Altucher is just one of a growing number of internet self-help gurus that have embraced bitcoin as the future, a way for you — yes, you — to get rich. It’s a pitch built on a dangerous combination: Dreams of riches and ignorance of a new, highly volatile market.
And all you have to do is subscribe to their newsletters. Read more…
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Originally syndicated from This guy is the face of the bitcoin bubble
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