4 ms·
I am not happy that it’s crashing. As always it’s the little guys losing their money while the big guys are walking away with tons of money. I would celebrate i
by spaetzleesser 4y ago
I am not happy that it’s crashing. As always it’s the little guys losing their money while the big guys are walking away with tons of money. I would celebrate if the big crypto players list their shirts. They lose a little but still walk away with huge ill gotten gains. P
We have created a culture where quick money gets celebrated and regular work doesn’t pay off anymore. It’s no surprise that people get sucked into get rich quick schemes.
- rootusrootus 4y agoI think we will look back on crypto and marvel at it being the most effective voluntary transfer of wealth in memory.
- spaetzleesser 4y agoAll the recent bubbles like stocks, .COM and real estate were/are massive transfers of wealth. And it’s always from the people who have a little to the people who have a lot already.