I try not to let this shit get to me. It's always darkest before the dawn and all that, but damn.

The general population is so fucking broken. They're just absolutely mind fucked from being raised on a steady diet of right-wing propaganda from all major Western parties.

How do you even begin to fix all of this. I feel like I'm drowning and being pushed under by my own damn species. We are all so sick.

  • Tabitha ☢️[she/her]
    ·
    6 hours ago

    Buying bitcoin is kind of like buying an ETF/mutual funds, specially an index that is a diverse portfolio of scams, grifts, criminal activity. Everytime a company pays a ransom in bitcoin, everytime a grandma gets tricked into buying crypto by a man pretending to be her grandson, everytime a temporarily embarrassed millionaire plops his family's life savings or kid's college funds into an NFT that loses 90% of it's market value on every transaction, every time a government official accepts a bribe via crypto, bitcoin owners enjoy the benefits of bitcoin going up.

    And with this administration being all-around pro-crypto, pro-scams, pro-misinformation, you can expect all the corruption and rugpulls to inflate bitcoin prices for the next 4 years.

    So you'd probably make money if you approached it cautiously, but you'd also be investing in (AKA SUPPORTING) literal fascism and criminal activity.

    • Tabitha ☢️[she/her]
      ·
      6 hours ago

      crypto also has hit a flashpoint, the general population already knows it's a scam/ponzi scheme. The pool of greater fools is drying up, very close to (maybe past) the breakeven point where it's harder to find greater fools than the value than can extracted from them on average.

      Crypto's last move must be one of two options: to force itself onto the general population at gunpoint by controlling enough of the government, or for the early bag holders to diverse their early buy-ins into non-crypto (real world assets), least they soon become the last true believers, the final great fools. The two options are not mutually exclusive.