Questionable Financial Decisions

Posted On Aug 13, 2021 By Addison Wiggin

In 2018, we had a plan to create a cryptocurrency that would help online advertisers sell ads in an effectively closed market. Here’s the thing about markets, though. They go up. They also go down. Crypto hit the skids in 2018. So the project never got off the ground… but at least we got our money back. Today, of course, cryptos are enjoying a resurgence, at least in a speculative sense. And other companies are jumping on the bandwagon. In fact, the Paris Saint-Germain soccer club has created a digital currency called the $PSG token for its fans. It seemed like nothing more than an interesting marketing gimmick — until one of the top players in the world accepted the tokens as part of an offer to join the Paris team…

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