In retrospect it's incredibly bizarre how seriously "crypto" was taken
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Date: August 15th, 2026 4:26 PM Author: Histrionic Offensive Puppy Pervert
I've almost totally forgotten "crypto" and I think that basically everyone else has too, even Online people. But I always understood it as fundamentally pump and dump scamming, except for bitcoin which can be treated as a value investment
Over the past few days I've been reading the works of a couple intellectuals I've encountered recently and it's wild how much they wrote about crypto and how seriously they took it as a Real Thing that was going to Change Everything. I do remember a lot of people vaguely "believing" that at the time that crypto was popular, but I guess that I took it so non-seriously that it never fully permeated my mind
It's pretty kooky to think about now. An enormous amount of money changed hands via the "crypto" scam-phenomenon and it's just not talked about at all today. Society has moved on to the next blatant scam, "sports betting," with no pushback whatsoever, despite so many people being totally ruined by crypto
Really weird stuff imo
(http://www.autoadmit.com/thread.php?thread_id=5893416&forum_id=2\u0026mark_id=5310486#50069885) |
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