Vice: To sell, or not to sell:As Bitcoin hits the $10,000 mark, investors need to make a game-time decision

I was quoted in a Vice article on the latest Bitcoin milestone.

You could speed up a transaction, but that would cost you an extra fee — at times, 10 percent of the amount you’re trying to transfer, which, given today’s prices, simply don’t make sense for the average retail investor.

“I bought a coffee at a London cafe for 3 pounds, and I had to wait 2 hours to get it confirmed, and that was back in 2014 when there were fewer transactions” Yael Ossowski, a bitcoin investor and Deputy Director at the Consumer Choice Center, an international think-tank, told VICE Money.

Ossowski calls cryptocurrencies an “experiment,” and the bitcoin bubble “investor craziness”.

“The 21st-century version has welcomed a plethora of slick consultants, hazy schemes dressed up as investor possibilities, and too much wishy-washy language for anything to really make sense to anyone who wants to use a digital currency to make purchases,” he argued in a scathing Huffington Post op-ed.

Yaël Ossowski is a Canadian-American journalist and writer living in Vienna. He is founder and editor of Devolution Review, deputy director at the Consumer Choice Center, and senior development officer for Students For Liberty. He was previously a national investigative reporter at Watchdog.org. He has a Master’s Degree in Philosophy, Politics, Economics (PPE) from the CEVRO Institute in Prague and a Bachelor's in Political Science from Concordia University, Montreal. Born in Québec and raised in the southern United States, he currently lives in Vienna, Austria, and his writings have appeared in newspapers, magazines, and online outlets across the world in multiple languages.
Website https://yael.ca
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