Welcome to the blockchain and crypto world FRiend...
Anyone CLAIMING to understand it is trying to get actual money from you in exchange for monopoly money.
Well put.
Anyone wana buy a JPG image of a cartoon Ape for $250K?
It will only go up
—”Anyone CLAIMING to understand it is trying to get actual money from you in exchange for monopoly money.”
In finance, the greater fool theory suggests that one can sometimes make money through the purchase of overvalued assets — items with a purchase price drastically exceeding the intrinsic value — if those assets can later be resold at an even higher price. https://en.wikipedia.org/wiki/Greater_fool_theory
“Two things are infinite: the universe and human stupidity.”
Einstein predicts there are more fools available?