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John Yearwood's avatar

One of your better columns.

In 2014 I invested $5 in Bitcoin. Every time it got to $10, I sold and reinvested $5. Today my total capital is $83, due probably as much to inflation as anything else. But like a lottery ticket, it’s just a way to lose money. You’re absolutely right. I tried it mostly to give myself an incentive to pay attention to it, and ended up writing a novel in which a young California kid cracks a crypto gang trying to take over the world’s money flow. All fun, instructive, etc., writing for me…not sure the premise was any better understood than Bitcoin itself.

So thanks for making the scam clear. Everybody falls for Bernie Madoff sooner or later. I, too, thought Matt Damon was a better guy than this.

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abbyinsm's avatar

Sorry, Mindy, but I'm fairly sure Matt and Ben did actually write Good Will Hunting in the back room of Chez Jay bar and restaurant in Santa Monica. (I documented it as part of getting Chez Jay landmarked so the city couldn't sell their lease to a crappy chain restaurant. Not true that the Pentagon Papers were transferred there. True that Secret Service agents waited there while JFK met up with Marilyn Monroe.) That doesn't excuse signing on to ruin people's lives and enrich horrible people by promoting gambling in the worst way imaginable.

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