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I don't think you realize how much the laughably obtuse skeptic and the crypto die-hards have in common. Both agree that 98% of the space is a scam (though not
by mattwilsonn888 5y ago
I don't think you realize how much the laughably obtuse skeptic and the crypto die-hards have in common. Both agree that 98% of the space is a scam (though not in market cap terms), its just some people actually look in to find the pockets of progress and value, while others ignore it all and stay poor and resentful. I hate using the term "stay poor," but when I continually see these forever skeptics less versed in blockchain space and current progress than those who simply read and make a moderate effort its hard to conclude that these skeptics are drawing conclusions from their deep understanding of what is going on; it must be something more shallow, like missing out.
- cuteboy19 5y agoI wouldn't be so sure about market caps. Tether (#3) and USDC (#5) have a combined market cap of 120 billion. Both are backed by nothing more than IoUs Regarding 'stay poor', the vast majority of crypto 'investors' bought in during 2021, meaning that most of them have lost money. Which is of course expected for any net negative 'investment'. It is not cryptoskeptics who are staying poor, I'm afraid
- timeon 5y agoYou missed proof of waste in your conclusion.