So, this just happened, Facebook announced it is implementing a sweeping ban of ads promoting anything to do with cryptocurrencies (including Bitcoin and initial coin offerings-ico’s). Is it surprising? Not at all. If your business involves anything to do with cryptocurrency (like crypto investing, ico’s, etc), then you might be freaking out right now. But …
I’m a big fan of Warren Buffett AND his partner Charles Munger. Munger is seen as one of the sharpest investment minds out there, so when talks, we should listen. Read this interview with Charlie Munger on how he became wealthy and his take on Bitcoin.
Whether it’s still profitable to mine Bitcoin is another issue, but if you’ve been wondering how you can setup your own Bitcoin mining rig, then check out this guide on how Bitcoin mining works. Read more here: https://www.economist.com/blogs/economist-explains/2015/01/economist-explains-11