{"id":78978,"date":"2024-12-05T08:31:31","date_gmt":"2024-12-05T08:31:31","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=78978"},"modified":"2024-12-05T08:32:48","modified_gmt":"2024-12-05T08:32:48","slug":"fools-and-their-money-are-easily-parted","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2024\/12\/05\/fools-and-their-money-are-easily-parted\/","title":{"rendered":"Fools and their money are easily parted"},"content":{"rendered":"<p>The media is getting very excited by the value of a Bitcoin having supposedly reached $100,000 overnight.<\/p>\n<p>It didn't. What happened was that became the price someone was willing to pay for it. That's not the same as value.<\/p>\n<p>As has been long known, fools and their money are easily parted, most especially by tricksters. The price of Bitcoin has risen by 40 per cent since Trump was elected.<\/p>\n<p>This is not going to end well.<\/p>\n<p>People will demand that they be bailed out.<\/p>\n<p>There is a crisis in the making here. There are no good outcomes that I can see to this.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The media is getting very excited by the value of a Bitcoin having supposedly reached $100,000 overnight. It didn&#8217;t. What happened was that became the<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2024\/12\/05\/fools-and-their-money-are-easily-parted\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-78978","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/78978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=78978"}],"version-history":[{"count":2,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/78978\/revisions"}],"predecessor-version":[{"id":78980,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/78978\/revisions\/78980"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=78978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=78978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=78978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}