how many of you think crypto is a semi ponzi scheme?

Don’t get me wrong I’m not saying you can’t make money in it or that there are potential legitimate uses for it. But I think stuff that people like Michael Saylor try to sell about Bitcoin is total bs.

You’d think you’re listening to a religious pastor when you hear him spread pretentious ideas about how bitcoin is the future of finance. Lmao.

I’m sure bitcoin still has big bull runs in its future but I don’t see any evidence of what libertarian hard-core crypto people claim about it happening.

Ultimately though I think much of the massive money that gets put in by whales is to pump up the market and eventually cash a lot out when it gets big enough, and leaves retailers in many cases screwed over.

What do you think, whether you agree or disagree?

🐻 🐄🐮