this post was submitted on 08 Apr 2024
57 points (75.2% liked)
Bωockchain
271 readers
1 users here now
crypto skeptical community
bwockchain is not a technology of the future, buttcoin is a scam.
All lemmy.ml instance rules work here.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Less ponzi and more hot potato. Right now, the potato is piping hot, so a lot of people are pumping up because HOLY SHIT 71k DOLLARS!!! YOU SHOUD BUY NAO BECAUSE IT'S ONLY GOIN UUUUUUPPPPPP
A crash is inevitable, a bunch of whales are just biding their time and nobody knows the next floor price
You've just described the stock market and capitalism in general. Ironically a digital curency is one of the few places where unlimited growth is actually possible. Not that BTC is a good idea of course.