How Crypto Currency Works

email from a friend | 12/8/2022 | not shown

[DUMBGRUNT]

The best way to make a small fortune in Cyptocoins is to start with a large one.

[Georgia Girl 2]

Think of A ponzi scheme. That’s how it works. 😉

[budj]

Just,
...,
... ...
... ... ... damn

[caver]

Hey, it’s humor. Maybe a New Yorker like yourself can understand.

[Portcall24]

Once upon a time guy was taking the backroads and stopped at a local store. He was startled to find a tin of very rare sardines. He bought the tin for $5 and when he got back to the city and people learned about the sardines, he sold the tin for $20.

The person who bought it kept it for a few weeks and eventually tripled his money. The price went higher and higher until a person paid $100 for the tin of sardines. After a few months he took it to an auction house for rare treasures and it sold for $1000. The person who bought it was very wealthy and had a party where he opened the tin.

A number of the people who had purchased the sardines along the way were present at the opening. And to everyone’s dismay the sardines were rotten. When the wealthy fellow raised heck with the auction house, they told him he should have known better and told him…Those were “investing” sardines and not “eating” sardines.

[Golden Eagle]

How crypto works

I saw a report the other day that indicated over 80% of all crypto investors have lost money on their investments. The number is obviously still going up daily. So I guess that’s how crypto “works.”