/biz/ - Business & Finance

When did you first realize that there is no grand future in crypto and that it was nothing more than a snake oil hype job for idiots and NEETS/desperate people?

>>11451958
>buys crypto
>loses money

What did you expect?

The entire thing is a self perpetuating ponzi for retarded millennials looking for a shortcut to getting more real money (fiat) without having to work. Crypto doesn't produce anything of value, and nobody uses it for anything except as a collectable token to hype other people into buying it for a higher amount by advertising your previous gains on it.

When did you first realize that crypto is complete bullshit, isn't some next wave of technology that will revolutionize the future and is just the modern version of snake oil used in a greater fool ponzi scheme?

>>11209087
>comparing Bitcoin's past crashes when it was tiny liquidity oddity with a miniscule market cap and few participants where a handful of fucking bots a few million in real cash could create a moon to now
>not a complete brainlet

Pick one

When did it first dawn on you that crypto is a pyramid scheme?