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BITCOIN TRADING AND STAMP COLLECTINGCarol Bastable passed along this item about Bitcoin from a September 13, 2021 Investing Daily email. -Editor Crypto Trading Akin to Stamp Collecting Finally, El Salvador may have embraced Bitcoin (BTC) as a national currency, but across the Atlantic, cooler heads prevail. In fact, cryptocurrencies across the board took a header on Friday after the governor of Sweden's central bank pointed out Bitcoin's actual worthlessness. "Private money usually collapses sooner or later," Riksbank Governor Stefan Ingves said. "And sure, you can get rich by trading in Bitcoin, but it's comparable to trading in stamps." Carol adds: "I got a chuckle when it said trading in Bitcoin was like trading in stamps. I think there has been some rivalry between coin and stamp collectors through the years with each thinking their own hobby is the preferable one. "I just so happened to run across an old 1884 advertisement when stamps could be used in lieu of coins to purchase some items from mail order companies. Apparently it was also standard to mail money. I thought this was a nice contrast to the Bitcoin article with stamps as money....a sort of then and now." 
Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum All Rights Reserved. NBS Home Page Contact the NBS webmaster 
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