Article: https://archive.ph/gau5T
Big landlord energy.
"I should get tons of free money because of all the riiiiiiiisks that I take, but if those risks go badly I should get reimbursed by people who hate me."
My PoS step brother remortgaged his and his now ex-wife's paid off house to go all in on Bitcoin when it was at near 70k. Funny shit, feel bad for the kids.
If there's one thing I've learned about stocks it's nothing could go wrong buying assets at their highest price. Buy high sell low am i right
So I know as communists we shouldn’t celebrate random normal people becoming impoverished because they made stupid decisions. Even absolute morons and rubes deserve a good life.
But at a certain point it’s like, come ooooon man. Idk how bad I can feel for you when you do incredibly stupid things that anyone with half a brain including your WIFE has been screaming at you for years is a bad idea. There’s only so much I can care about protecting people from themselves. At some point if you really want to jump off a cliff, consequences be damned, who am I to stop you?
I think it's a good reality check for communists to see that wealth and investment things like this are scams and that people who have money are not inherently smarter.
I have a finite amount of energy and I'd rather spend it on people who didn't call me stupid for pointing out crypto as the scam it is.
I have a finite amount of energy and I’d rather spend it on people who didn’t call me stupid for pointing out crypto as the scam it is.
It took me a few times reading this to understand, I thought at first you were saying “Reasonable people calling me an idiot for buying crypto just pushed me to buy more!” I’m glad to understand I was wrong
Another case of "big government" (the divorce court) screwing over "ordinary people" (cryptobros) to satisfy "welfare queens" (his ex). The solution is clearly more free-market capitalism (buying more crypto).