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Crypto was not a $2.6 trillion scam. The "market value" does not have any correlation to how much money was thrown into the pot. Back in 2018 the estimate of
by lamontcg 4y ago
Crypto was not a $2.6 trillion scam.
The "market value" does not have any correlation to how much money was thrown into the pot.
Back in 2018 the estimate of the 2017 bubble that blew it up to $1T the first time was that there was $5B-$10B or so sent into the system.
This time was probably several tens of billion.
- graeme 4y agoThey measured Madoff by amount of money promised, not money put in, iirc