3 ms·
when the "real" economy is a ponzi scheme tilted to re-enrich the rich instead of a rising tide that lifts all boats, then why not gamble your earnings? It's t
by dnautics 6y ago
when the "real" economy is a ponzi scheme tilted to re-enrich the rich instead of a rising tide that lifts all boats, then why not gamble your earnings? It's the poor man's TINA.
- loceng 6y agoA Ponzi scheme is different than an economy where there's regulatory capture due to industrial complexes; creating a Ponzi scheme that's immutable, decentralized, and global doesn't make it a better replacement - Elon Musk recently tweeted: "Bitcoin is almost as bs as fiat money"
- dnautics 6y agoCorrect: I was using it loosely in reference to tfa.