NEW YORK (Rooters agency) – Investors are rushing to buy Barnumcoins as the popular cryptocurrency hits new highs. The digital currency is seen as a hedge against inflation, as its price has been rising even more rapidly than the debts governments are creating as they pump vast sums into stagnant economies.
Barnumcoins are attractive to people who are bored with the features of ordinary currencies they possess and would like to see something different. Also, because they exist only on computers, they are considered especially secure. (A thief might make off with your wallet full of dollars or euros or other pieces of paper, but even if the thief takes your computer, they can’t steal your Barnumcoins – unless, of course, you have been careless enough to record your Barnumcoin password on that computer.)
The price of Barnumcoins has risen remarkably in the last 10 to 12 months. Economists believe this is due to the Covid-19 pandemic, which has shut down much of the economy: since there are many fewer real commodities to buy, people are buying Barnumcoins instead.
Investment analysts generally agree that the price of Barnumcoins will continue to rise for the foreseeable future, unless it crashes instead. Currently, the value of one Barnumcoin has risen to equal three 17th century Dutch tulips, which have recently enjoyed a revival and seller’s market on exchanges around the world.