Everytime I see this crap on the underground I'm reminded that this get rich quick scheme requires a constant inflow of new suckers to maintain the illusion. 🙄
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I do wonder how many of the intended audience are capable of doing the basic economic analysis to know that this whole investment scheme stinks from top to bottom.
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I mean seriously, do people not realise the basic cashflow problem here that people that put money into this digital Ponzi, most of them are not going to be able to get it out. Cryptocurrencies, like other negative-sum economic schemes, don't generate any real wealth.
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Wait why is it negative-sum instead of just zero-sum?
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Replying to @smdiehl
Right, I guess it’s fair to count the system costs of mining, in terms of energy cost and loss of natural environment.
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