Quote:
Originally Posted by Paul T
That’s more or less my view, but I don’t know if I’d go so far as to call it a “scam”…people understand (or should understand) what they are buying, I don’t think anyone is being duped into buying Bitcoin or any other coin - it’s just that they are deluded into thinking there is intrinsic value there. Bitcoin wouldn’t exist without internet hype. It will eventually go the route of NFT’s, it will just take longer, especially now that there is some institutional involvement. That’s my belief anyway….could be wrong. It’s the penny stock schemes of earlier eras (except it’s far from pennies!)
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techbros gonna reinvent basic human interactions and scam people for things they already have.
trick as old as time. well, trick as old as capitalism anyway.
watching them reinvent the train, with all this interconnected, autonomous vehicle, EV trucking stuff is pretty funny. its a train guys. you just reinvented a train. good job. no trains are great, we've just had them for 150ish years already, thanks.