Sorry CNBC, Bitcoin Won’t Make You Fabulously Wealthy, But You’ll Probably Lose Your Shirt

Bitcoin, the world’s cashless crypto-currency, narrowly avoided death in 2016, and has now rebounded to a high of around $2,200 as of Monday.

CNBC breathlessly reported “If you bought $100 of bitcoin 7 years ago, you’d be sitting on $75 million now.”