/g - Are cryptos snake oil? From a tech point of view ...
2021-9-19u2002·u2002New idiots come into the system with new money, thinking they'll get rich (they won't), inflating the bags of the people who came before them, pumping up the value of the bubble. Then companies like Tether directly inflate the value of the bubble by injecting credit into the equation on less than 3% equity holding.
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