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/biz/ - Business & Finance

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12707987 No.12707987 [Reply] [Original]

When did you realise crypto is essentially just a giant pyramid scheme where you try to lure in other people below you so you can profit?

>> No.12708053

>>12707987

Around the same time I realised that all assets are pyramid schemes. Our economy is built on growth, growth is fundamentally unsustainable.

>> No.12708083

correct if you value it at worthless paper money. what do you think inflation is?

>> No.12708092

>>12708083
When you create more money or alternative forms of money, like Bit-- Oh wait.

>> No.12708115
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12708115

>>12707987
when did you realize fiat is essentially a giant pyramid scheme

>> No.12708663

>>12707987

when BTC reached 1,000

>> No.12708671

>>12708115

fiat has other uses, fucking degenerate

>> No.12708685
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12708685

>>12708053
shut the fuck up you unemployed neet

>>12708083
Oh boy lets hear what the mid 20s autistic think inflation is

>>12708115
mommy and daddy didn't get your pills today?

>> No.12708687
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12708687

>pyramid skeem

>> No.12708690

>>12707987
it's more of a pump and dump scheme.

>> No.12708694

>>12708671
like fire after it gets hyperinflated into being worthless. Also, toilet paper.

>> No.12708698

Mon-eye

>> No.12708711

>>12708671
Investing in anything is just betting that the value of one thing will go up vs the value of another thing and then converting those things into physical goods before they lose their value. “Intrinsic value” is a meme. The only things that have intrinsic value are your health and family/social network (real, not internet).

>> No.12708731
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12708731

you got me good broski

>> No.12708733

>>12708053
bingo

>> No.12708734

>>12708711
I have a BBA, if you ever said that sentence in public you would be put in a fucking mental institution

>> No.12708736

>>12708115
>If it makes me money, it isn't a scam.
How hard is this to figure out?

>> No.12708738

>>12707987
Being a wageslave is a pyramid too. You have 62% making hardship or livable wages, you have less making middle class wages, and even less make above middle class. Than you have the super uber rich. Wage gap is real.

At least crypto is better than playing some stupid lottery.

There's really not many ways to make it. You gamble with the stock market, you create a successful business (most fail since they can't break even from the cost), you get lucky as fuck with affiliated marketing, there's amazon fba (haven't looked into this one), and that's basically it. Also flipping houses I guess.

Really, it's mostly luck. "I worked hard to become rich" is a meme. It's all about luck.

>> No.12708780
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12708780

>>12708734
Am I wrong?