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> It's only up 100% for YOY. When you consider that it's base ledger only gets more unusable by the day, it's kinda shocking. People basically had to invent ne
by talldayo 2y ago
> It's only up 100% for YOY.
When you consider that it's base ledger only gets more unusable by the day, it's kinda shocking. People basically had to invent new ways to send Bitcoins to one another because the Bitcoin layer itself is fundamentally useless at this point. Nobody wants to pay for gas fees when they can use an L2 chain, miners are being disenfranchised as mining difficulty skyrockets, and users are (somehow) still demanding more digital coinage.
Every rung on the ladder is getting loose and people still want to climb it without even knowing where it leads to. The sort of stupidity that would be admirable if it was bravery and not petty greed.
- jarsin 2y agoAnd ETH is the stock exchange of the 20's before all the regulations we have now that came about as a result of all the fraud back then. Rug pulls and fraud everywhere you turn. Kids openly live streaming rug pulls and laughing at all the suckers. Question is how much higher it can go before it's the short of the lifetime.
- Ekaros 2y agoHearing again about whole Hawk Tuah fiasco I am starting to think that most people involved know that things are scams, but they just think they can beat the game and get in and out at right time... It is kinda funny to see the cycle over and over again. I mean looking back to alt-coins(litecoin etc.) then ICOs then NFTs and now whatever they are doing again... I have not even kept track of most of it. All somehow generating money from somewhere... And then going down again.