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> Broadly speaking, you can’t live on commodities alone. Most people aren’t able to buy food and shelter with it. > So the goal, in those majority of cases, is
by eaurouge 3y ago
> Broadly speaking, you can’t live on commodities alone. Most people aren’t able to buy food and shelter with it.
> So the goal, in those majority of cases, is to buy in low for the exact purpose of waiting for a “greater fool” to purchase it from you for more.
Feel free to substitute with your preferred non-monetary asset.
- dartos 3y agoNot _any_. I can live in a house while it appreciates. I can take dividends (in dollars) from certain stocks. But not crypto (or non dividend stocks) I’d argue that stocks without dividends are also a greater fool’s game. But back to the original point, so you agree that crypto is a greater fools game, financially.