4 ms·

Empirically true. See: PonziCoin https://techweez.com/2018/01/26/ponzicoin-crypto-scheme/ https://techweez.com/2018/01/26/ponzicoin-crypto-scheme/

• twblalock 4y ago
  DogeCoin was supposed to be a parody and people actually bought it. Also my phone does not flag DogeCoin as a misspelled word. Anyone who invests in this stuff is either really dumb, or morally impaired yet smart enough to exploit people who are really dumb.
  • pram 4y ago
    • smsm42 4y ago
      Did Elon seriously invest in Doge? I was assuming he was just having fun, in his own way.
      • Psyladine 4y ago
        Pump & dumping any investment is often very fun, at whose expense is a matter for the courts.
      • d11z 4y ago
        Do people really not automatically assume that he made money each time he mentioned it?
  • hotpotamus 4y ago
    As someone who has made a bit of money in crypto, there's no reason I can't be really dumb and morally impaired, but lucky. I will note that moral impairment and intelligence are not highly correlated as far as I know.