I’m not sure which meaning of “drug” makes it worse
Comment on Anon gives up on Bitcoin in 2010
ryven@lemmy.dbzer0.com 3 months 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 3 months ago
Saledovil@sh.itjust.works 3 months 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 3 months 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 3 months ago
You could understand the potential without psychic skills.
Saledovil@sh.itjust.works 3 months ago
Bitcoin is a purely speculative asset. It has potential the same way a lottery ticket does.
LibreHans@lemmy.world 3 months 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 3 months ago
Bitcoin is not useful, and its scarcity is debatable.
LibreHans@lemmy.world 3 months ago
You mean bitcoin is not useful to you, it is very useful to lots of people. How is its scarcity debatable?