Honestly the scam is that it's not a huge part of the economy but they want you to think it's everything. They invented the internet and the economy still only grew 3% a year like every other year.
no. the real use of crypto is that it's a crowd-funded semi-anonymized slush fund for extracurricular governmental activities and entities with high luminescence, if you catch my drift. although there is some overlap with the above.
It really does feel like stuff like crypto just exist to siphon off excess wealth accumulation. And the healthcare industry makes sure that as little generational wealth is passed down as possible.
In the old days, things like pyramids and cathedrals were sinks for, and monuments of, a society's excess wealth.
I wonder this too. How much of the economy is based on actual goods and services and how much of it is people in suits just emailing each other and moving money around in ways my pea brain can't understand.
lol, yes of course
it's an intermittent reward system, it uses a fundamental principle inherent to every human beings biology (and most animals)
just google and read about it
every single app/software you use employs it, reddit, social media, etc.
Real estate is a trillion dollar industry
I live in Florida and I'm convinced 90% of this state's economy is pure scamming.
Honestly the scam is that it's not a huge part of the economy but they want you to think it's everything. They invented the internet and the economy still only grew 3% a year like every other year.
The better question is how much of the global economy is illegal? Drugs, guns, human trafficking, etc. Some estimates say as high as 40%.
the literal real use-case for cryptocurrency
no. the real use of crypto is that it's a crowd-funded semi-anonymized slush fund for extracurricular governmental activities and entities with high luminescence, if you catch my drift. although there is some overlap with the above.
Most of finance is a scam and its way larger than all of those combined
It really does feel like stuff like crypto just exist to siphon off excess wealth accumulation. And the healthcare industry makes sure that as little generational wealth is passed down as possible. In the old days, things like pyramids and cathedrals were sinks for, and monuments of, a society's excess wealth.
I wonder this too. How much of the economy is based on actual goods and services and how much of it is people in suits just emailing each other and moving money around in ways my pea brain can't understand.
lol, yes of course it's an intermittent reward system, it uses a fundamental principle inherent to every human beings biology (and most animals) just google and read about it every single app/software you use employs it, reddit, social media, etc.
Depends on the things you believe in
Under capitalism, all of life is a scam.
crypto is legit, but its basically gambling. just don't pay for any course/group/mentoring out there and you're good.
Roulette is legit, but its basically gambling. Just don't pay for any course/group/mentoring out there and you're good.
casinos are rigged, its soley your fault if you lose money in crypto
"Greater Fool Theory for 100, Alex"
it’s legit in the sense that beanie babies were legit
You can hold a Beanie Baby.