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Joined 8 months ago
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Cake day: April 15th, 2024

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  • Cryptocurrency is our first planetary multi-trillion-dollar Ponzi scheme.

    This actually makes a lot of sense if you’ve followed crypto for over a decade and look at the markets.

    Ycombinator is where a lot of the technology that takes advantage of us begins. I think it’s a stretch to say Bitcoin started as a conspiracy, but I would definitely believe that everything that followed could be the result of bad actors pulling the strings.

    The strangest thing in crypto is how uniform the value of currencies are over time. They all go up at the same time. They all go down at the same time. And they do this with near-identical amounts.

    This can only mean that it’s the same people who are invested in multiple currencies.

    Seeing how massive companies like “Red Bull” got popular paying influential people to shill their products, it wouldn’t surprise me in the least that some investors are paying people to make and shill cryptocurrencies.