greater fool theory :)
Hey! It’s a great buying opportunity! 🤣😂
It always cracks me up when people say it’s better than “fiat” money. Well, at least fiat money is backed by a government that doesn’t want it to collapse, and has guns. The only thing crypto is backed by is faith. Blind, naked faith.
Have you seen this video?
https://www.youtube.com/watch?v=ffO3VxzQReM
It’s about the pending collapse of the ChiCom real estate bubble.
Even as I was writing have you seen this video I was wanting to post this classic SNL skit: https://www.youtube.com/watch?v=RDc02GNQaYE
You buy "air" and hope someone else will pay more for it for fear of losing out.
And it works...
...until it doesn't.
Remember "business lists"?