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People buy consumer goods knowing that they're not going to get that money back. A lot of people buy crypto because they think it can only increase in value, an
by Thriptic 9y ago
People buy consumer goods knowing that they're not going to get that money back. A lot of people buy crypto because they think it can only increase in value, and so they end up spending far more than they are willing to lose when the value goes down. It's not that one purchase is "better" than another, it's that people think about the purchases differently which leads to more risky behavior when it comes to buying crypto.