Bωockchain

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bwockchain is not a technology of the future, buttcoin is a scam.

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Zero sum game as it is? (lemmy.ml)

submitted 6 months ago* (last edited 6 months ago) by [email protected] to c/[email protected]

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https://www.pewresearch.org/short-reads/2023/04/10/majority-of-americans-arent-confident-in-the-safety-and-reliability-of-cryptocurrency/

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[–] [email protected] 6 points 6 months ago

Considering our cognitive defenses against admitting our errors, I'll just go ahead and assume that the bars on the right are much much larger in reality.

Hmm. It kind of resembles a 'Ponzi-scheme', where the only thing keeping it together is the gamblers frantically trying to save their bets by lying about their gains.

Imagine how short this Libertarian farce would've been if those with running bets didn't gain by lying to new-comers and the world. It's even worse than the Elon/Tesla cult !