Bitcoin is a Ponzi

[Diondon]

 

[ogc163]

 

[ogc163]

 

[ogc163]

Damn Paul lost a mil, meanwhile these hucksters and clowns on the coli go ghost when you call them out for shilling

 

[BushidoBrown]

i didnt know they put this in the rafters https://www.thecoli.com/threads/crypto-and-nfts-are-an-elaborate-scam.896387/ wanted to post these in there

 

[ogc163]

i didnt know they put this in the rafters https://www.thecoli.com/threads/crypto-and-nfts-are-an-elaborate-scam.896387/ wanted to post these in there

Them crypto clowns in the other thread put their heads in the sand when it comes to ish like this.

And several of them have posts co-signing bullshyt coins and exchanges, and I got the receipts Alot of them can't hide behind "should have focused on bitcoin not them shytcoins"

 

[ogc163]

 

[BushidoBrown]

Them crypto clowns in the other thread put their heads in the sand when it comes to ish like this.

And several of them have posts co-signing bullshyt coins and exchanges, and I got the receipts Alot of them can't hide behind "should have focused on bitcoin not them shytcoins"

it just shows you can make a lot of money if your in the right place at the right time and have the right set of skills. the rest is mostly a crapshoot

 

[ogc163]

it just shows you can make a lot of money if your in the right place at the right time and have the right set of skills. the rest is mostly a crapshoot

Yeah like a Ponzi, crypto jokers taking pride in being at the top of the pyramid is hilarious. The lack of shame seemingly has no bounds.

 

[ogc163]

I'm sure thecoli crytobros got in early though.

I bet they can't wait to up this thread to shyt on the haters though, I'm type shook out here... ...

 

[ogc163]

 

[ogc163]

How the Crypto Hustle Carries on America’s Shameful History of Racial Inequality

Cryptocurrency was supposed to change the economic outlook for Black America. For many, it made things worse.

www.ineteconomics.org

"According to a Pew Research Poll, by 2021, 18% of Black Americans were invested in, traded, or used crypto, compared to only 13% of whites. Many were investors who had shied away from traditional stocks. By April 2022, an Ariel and Charles Schwab survey of 2,000 Americans found that 25% of Black investors owned cryptocurrency, compared to 15% of white investors.

Darrick Hamilton, long skeptical of the crypto craze, feared that a crash was coming and that it was going to clobber Black investors and communities. As he told me, “It’s low entry and it’s targeted to Black investors. And it’s like a casino, where Black people also get hit harder.”...

Investors need protection against the predations at a time when even an august institution like Fidelity is allowed to push crypto on workers trying to save for retirement.

Crypto is really just a fever dream of casino capitalism – ironically one born of fears about that very system. Calls to leap into the future digital world sound all the more enticing when things in the present real world are stacked against vulnerable people – not just Black Americans, but basically everyone who isn’t rich. Until things get better here and now, dangerous future-fantastical illusions like crypto will continue to thrive."

 

[In The Zone '98]

Article said majority of people who invested their money in 2020 lost it.

How...

BTC price

1/6/2020 $7410
1/8/2021 $39381

@ogc163

 

[ogc163]

Article said majority of people who invested their money in 2020 lost it.

How...

BTC price

1/6/2020 $7410
1/8/2021 $39381

@ogc163

What exactly did the article say?

 

[ogc163]