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/biz/ - Business & Finance

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>> No.13824470 [View]
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13824470

>>13819408
I did okay with crypto financially, but it's hard to watch what has happened to crypto. It's a twilight world of people who don't even have a clue about what they've invested in. We live in an insane global financial culture where people take crazy chances with aggressive speculation, and it has spawned multi-billion dollar industries devoted to raising enormous amounts of capital based on nothing more than pie in the sky promises. On the extreme end of this are people like Elon Musk. On the lower end are the shitcoin developers, like those delightful people that send all the viral marketers to /biz/, who base their businesses around some idea that greedy people latch on thinking they will make money. Meanwhile, those greedy people don't even have a clue what crypto was supposed to be for in the first place. It was supposed to democratize personal financial institution again, but most people have no clue. Most people just think

>hey, this is a thing I can buy so that at the right time I can dump this shit and enjoy my McMansion and Lambo

and their feelings about crypto go no deeper than that. And so nobody gives a shit when stuff like Mt. Gox or Quadriga happens. That's why I left crypto... it will never be what I thought it could be. It just keeps getting dragged down deeper and deeper into graft and the little legitimacy left in it might as well be gone now too after this 'reorg' business. If you needed proof Bitcoin was a centralized Chinese shitcoin, no look further than that.

>> No.13423955 [View]
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13423955

>>13423758
Does anyone actually believe there are people on this board who legitimately like CSW besides the astroturfers paid to make these threads?

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