Being Liberal ®🗽🏳️🌈 @beingliberal.bsky.social · 01/07/2025Probably the best explanation how cryptocurrency works ever made.. 922480 0
Spatula City @spatula8.bsky.social · 01/07/2025It’s the ‘bigger fool’ theory. I’m a big fool for spending $25,000.00 for a portfolio of nothing. However, I can make $5,000.00 if I can turn around and sell my nothing for $30,000.00 to an even bigger fool. 150 0
ISS Yorktown @three-rivers.bsky.social · 01/07/2025I had friends who got so exited about crypto. They'd buy in low (but not at the lowest) and when the value of the currency rose high enough to make a good profit the exchange would - every single time - "crash" and would not get "fixed" until the crypto value was at lower than when they bought in. 100 0
Gonzo in Houston @gonzoinhouston.bsky.social · 01/07/2025Crypto and a Ponzi scheme got a lot in common! 040 0
