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Forum nameGeneral Discussion
Topic subjectnot hating on anyone who invested
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13433233&mesg_id=13445850
13445850, not hating on anyone who invested
Posted by beeinfinite, Sat Oct-23-21 06:23 PM
wishing you good returns. personally, i think crypto is a massive ponzi scheme that is destined to fail. what originally emerged as a *digital currency* has morphed into a *store of value*. a fundamental pivot of such magnitude is indicative of its failure and little to no practical use in the world. nations and banks will never yield control. corporations will never accept crypto as payment due to volatility.

crypto requires constant new investment to retain and raise value. at some point, the threshold limit will be met and the bubble will burst. the whales will walk away with everyone's investments and leave countless in ruin. maybe a bleek outlook, time will tell. if you got in early, good for you, as ponzi's always favor early investors.