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A comment on Nassim Taleb: Bitcoin failed as a currency and became a speculative ponzi scheme. Parent comment

Re:Nassim Taleb: Bitcoin failed as a currency and became a s... by miohtama on Saturday April 17, 2021 @04:34AM (#26842619)
> But events like Dogecoin hitting a $50B market cap are very unsettling to me.

It's the sign of the peak of the bull market. There is going to be hangover.

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Re:Nassim Taleb: Bitcoin failed as a currency and became a s... by koheripbal on Saturday April 17, 2021 @10:12AM (#26844400)
It's the sign that no crypto has really found the right value-add yet.

They are all struggling with poor transaction throughput/high fees, huge bandwidth for nodes, deflationary money supply, etc...

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Re:Nassim Taleb: Bitcoin failed as a currency and became a s... by undersuit on Saturday April 17, 2021 @12:55PM (#26845681)
I only had Doge because I could use it for cheap exchanges between hard to find currency pairs when I was mining. Those pennies of left over coin became thousands of dollars worth and I sold at $.04 when the Diamond Hands on WSB pumped it during the start of the GME squeeze. It all makes no sense and yet I participate.
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