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Friend of mine does data analytics for off track betting. The spike in wagers from the stimulus checks was staggering.
by sky_rw 6y ago
Friend of mine does data analytics for off track betting. The spike in wagers from the stimulus checks was staggering.
- asdff 6y agoSo many people I know immediately took their stimulus check, dumped it into some dumb crypto meme, and lost all their money. There is something to be said about money allocated for low level economic activity is instead obliterated into the worldwide ether, sometimes at massive electricity costs just to rub salt into the wound of our warming world. I wonder if in the future we will see national economies shrink as people dump more local fiat into economically useless, speculative crypto that is distributed globally.