 🤔should come back up with bitcoin, but i’m with warren buffett on this one. it is a ponzi scheme. no, earnings, no product, simply a wish that some else buys in at a higher price than you bought aka the greater fool theory. he likes to compare it to the tulips 🌷crisis. but, i wouldn’t go that far. however, by pure definition, it is a simple ponzi scheme. i feel no remorse for someone who invests and loses money with crypto because they’re only hopes of making money is that someone else buys in behind them at a higher price-shifting losses onto them, so forth and so on. there will be new financial systems in the future, bitcoin, however, is not it. 