Like at some point you have to sell right. What's the point of having so much if you can't even use it? Oh nvm billionaires exist
Like at some point you have to sell right. What's the point of having so much if you can't even use it? Oh nvm billionaires exist
I mean, I get that, but that just means that the actual market is just smaller. They are basically attempting a diamond cartel but with crypto, which is stupid because at least diamonds have industrial applications that make them a required input for industries and thus a constant demand where-in crypto's demand is entirely speculative and artificial. I swear to God if we get another massive crypto pump I will just give up on everything and try to move to China as quickly as possible where they at least had the sense to regulate this unproductive insanity.
Most of diamonds demand is artificial too. It's a luxury/status good and people only want it because of endless propaganda from the advertising industry. They're trying to do the same thing with Crypto honestly, except there's no physical product, just a bunch of fucking server farms in Texas killing the planet with their energy usage.
First as tragedy then as farce and all that
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