4 ms·
This is similar to my recent realization - as much as I believe it's a complete ponzi scheme, a near complete scam, as long as there's enough people who don't k
by Grim-444 5y ago
This is similar to my recent realization - as much as I believe it's a complete ponzi scheme, a near complete scam, as long as there's enough people who don't know better who can be conned to buy into it, it will keep getting propped up. In this age of mass media and the internet where everyone is so infinitely, immediately connected, there's no shortage of more suckers to buy in, there's no shortage of propaganda techniques to sucker more people in. As long as there's more suckers, it can keep getting propped up, no matter how unsound it actually is, no matter how much of a scam it actually is. It reminds me of the quote "the markets can remain irrational longer than you can remain solvent".