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Crypto is all speculative value, it's no more similar to fiat-in-savings as shares in Meta or Tesla are. The speculative value of all that crypto is a reflectio
by dleslie 5y ago
Crypto is all speculative value, it's no more similar to fiat-in-savings as shares in Meta or Tesla are. The speculative value of all that crypto is a reflection of the most recent trades for fiat; and if there is a run on crypto it will most assuredly crater in value.
So who's the greater fool?
- dang 5y agoPlease don't repeat generic flamewar tropes here. We've had hundreds of these threads already, and they're all the same. https://hn.algolia.com/?dateRange=all&page=0&prefix=false&sort=byDate&type=comment&query=curiosity%20repetition%20by:dang https://hn.algolia.com/?dateRange=all&page=0&prefix=false&so... https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- dleslie 5y agoAs someone who claims to be concerned about the effects of repetition on curiousity, you do seem to repeat yourself an awful lot.
- dang 5y agoYou can say that again! If it helps at all, these comments are even more tedious to write than to read. https://hn.algolia.com/?dateRange=all&page=0&prefix=false&sort=byDate&type=comment&query=tedious%20write%20read%20by:dang https://hn.algolia.com/?dateRange=all&page=0&prefix=false&so...
- dleslie 5y agoI'm not sure why you're proudly displaying your repetitiveness.
- dang 5y agoI'm lamenting that the forum can't self-regulate without it. It's a necessary evil, the same way that some medicines are toxic but one takes them anyway because the illness is worse without them. https://hn.algolia.com/?dateRange=all&page=0&prefix=true&query=by%3Adang%20failure%20modes&sort=byDate&type=comment https://hn.algolia.com/?dateRange=all&page=0&prefix=true&que...