this is, in a very real sense, the most correct post of all time, insofar as it captures the full essence of Officially Sanctioned Reality
265 reposts2.9K likes
this is, in a very real sense, the most correct post of all time, insofar as it captures the full essence of Officially Sanctioned Reality
265 reposts2.9K likes
There are definitely people who perceive of Bitcoin as having some objective physical value derived from all of the past electricity that went into mining it, and that furthermore, when it's all been mined, owning a % of the total will magically grow when all the world's economy is forced to use it.
Very few things are ever truly bad, though I agree that we shouldn't use it punitively, but for some people they are so far beyond redemption that a swift death is really a mercy. Starting with these guys en.wikipedia.org/wiki/List_of...
Assuming this is a pump and dump, and that's a good assumption, I have no idea how these brokerage firms don't end up sued if they make even a dime off of this. The class action writes itself. These kinds of buy ins should come with heavy warnings because individuals who buy into IPOs are born rubes
Counterpoint: defector.com/neither-elon...