Re:‘It's a Bloodbath’: The Crypto Crash Is Real
by vba616 on Thursday May 12, 2022 @01:30AM
(#31349627)
>There is "everything crash."
If everything crashed simultaneously at exactly the same rate, there would be no change in any prices at all.
The Earth is travelling around the sun at almost 20 miles per second and yet you don't feel it.
Re:‘It's a Bloodbath’: The Crypto Crash Is Real
by pavlov on Wednesday May 11, 2022 @10:52PM
(#31348750)
> “They are driven by a belief in scarcity--that for them to have, others must not”
You’re talking about Bitcoin and NFT enthusiasts, right? Because a belief in scarcity, no matter how artificial, is precisely what drives them.
Re:‘It's a Bloodbath’: The Crypto Crash Is Real
by hammyhavoc on Thursday May 12, 2022 @05:41AM
(#31351449)
This post is an "insane clown world".
There is "everything crash."
Crypto, stocks, baby formula, war.
The world has turned into an insane clown world.
There are evil people out there, and they fuel the flames.
Instead of building, they steal, instead of creating, they destroy.
They are driven by a belief in scarcity--that for them to have, others must not.
The people who cheer at this mayhem are fools who think they missed out. They can't stand other people making money. Because they can't stand artists making money. Because they can't stand women making money. Because they can't stand people from "foreign countries" making money.
They'd rather see the world burn or go back to the dark times.
This is foolish and small-minded.
In crypto, there is a floor. It is ZERO. It is "no crypto."
What crypto doesn't have is the ceiling.
There is no ceiling.
It is not a zero-sum game.
WHEN YOU BUILD, MERIT ACCUMULATES. THERE IS NO LIMIT TO THE AMOUNT OF MERIT ONE CAN ACQUIRE.
The benefits should flow to everyone and not some at the cost of the others.