I’m not sure which meaning of “drug” makes it worse
Comment on Anon gives up on Bitcoin in 2010
ryven@lemmy.dbzer0.com 1 month ago
My friend tried to convince me to get into bitcoin early and I didn’t bother, I thought it was just a fad, like my mom “investing” in Beanie Babies.
He spent all his on drugs before the price took off though. ¯\_(ツ)_/¯
Gutek8134@lemmy.world 1 month ago
Saledovil@sh.itjust.works 1 month ago
The problem with statements like “If you invested in Bitcoin back in 2009 you’d be rich now” is that you’d have to be clairvoyant to actually know that back then. And if you’re clairvoyant, the lottery offers a better return on investment than bitcoin.
kameecoding@lemmy.world 1 month ago
In fact saying stuff like this is literally like seeing the winning lottery numbers on the telly and thinking, if only I played those numbers two days ago.
humanspiral@lemmy.ca 1 month ago
You could understand the potential without psychic skills.
Saledovil@sh.itjust.works 1 month ago
Bitcoin is a purely speculative asset. It has potential the same way a lottery ticket does.
LibreHans@lemmy.world 1 month ago
Hm wat? It’s obvious that something useful and scarce will always go up against money a central bank can create out of thin air.
Saledovil@sh.itjust.works 1 month ago
Bitcoin is not useful, and its scarcity is debatable.
LibreHans@lemmy.world 1 month ago
You mean bitcoin is not useful to you, it is very useful to lots of people. How is its scarcity debatable?