Dr. Mog
PhD in moggerology
- Joined
- Nov 4, 2022
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If you look at Bitcoin through the lens of a traditional investor, its uselessness is pretty hard to ignore.
It doesn't pay dividends, it doesn't have a CEO, and it doesn't "make" anything.
If you buy Bitcoin today at around $64,000, you are essentially making a bet on Greater Fool Theory; the idea that it’s only worth more tomorrow if someone else is willing to pay more for it than you did.
It doesn't pay dividends, it doesn't have a CEO, and it doesn't "make" anything.
If you buy Bitcoin today at around $64,000, you are essentially making a bet on Greater Fool Theory; the idea that it’s only worth more tomorrow if someone else is willing to pay more for it than you did.
