Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
empoweoqwj
on 17/07/2013, 01:01:53 UTC
You can only make money with money. Just like in the current financial system.

Bitcoin isn't a magic money machine.  That would be a scam.  Your statement is true no matter what the asset, so long as it is a real good.

The part you are missing though is time.  You can only accumulate value with labor.  It doesn't matter if it is shoveling rock or trading companies or assets.  Labor is the key here and no matter what you want to accumulate you need to invest your labor into accumulating it.

Which law of economics is that?  Grin

Warren Buffet doesn't have the bank account the size of a planet by working 7200 hours a day. Work smart.