Friday, 10 September 2021

Why Bitcoin Is A Scam

quote [ In a little more than 10 years, Bitcoin has become a ubiquitous part of everyday life, and the community around Bitcoin (and other cryptocurrencies) has grown exponentially. People have gotten rich off Bitcoin, you’re told; put money in it, and you’ll get rich too. But it’s all a lie. Doug Henwood, author of Wall Street, explains. ]

El Salvador adopting bitcoin as a currency being followed by a flash crash is just ::chef kiss::
[SFW] [business] [+1 Underrated]
[by steele@5:55pmGMT]

Comments

conception said @ 10:20pm GMT on 10th Sep
You can get rich off bitcoin. But you can get rich off any fad bubble/pyramid scheme.


Just don't be a bag holder.
ComposerNate said @ 8:38am GMT on 11th Sep [Score:2 Underrated]
It feels wrong
mechanical contrivance said @ 3:07pm GMT on 14th Sep
You don't have what it takes to become rich and powerful.
ComposerNate said @ 10:31pm GMT on 14th Sep
Ambition to become rich and powerful? No. Also, I have empathy, which is a drag.
cb361 said @ 7:36pm GMT on 11th Sep
I argue when people call it an investment. It's speculation at best, and maybe gambling. But the odds are better than roulette and it's difficult to argue against putting up a bit of money you can afford to lose. But I know people putting in more than that.
rylex said @ 7:54pm GMT on 13th Sep
arent all fiat currencies scams tho?

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