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Re:Tether starting to lose its peg too, after Terra did by the_only_law on Thursday May 12, 2022 @10:00AM (#31354308)
> But a lot of 'coins' are just paper dreams, and live somewhere on the spectrum of the Nigerian Prince scam.

If social was full of people showing off all the stiff they bought with the Nigerian Prince’s money maybe. Seems more like a lottery to me, but even that feels like a poor analogy.

The difference is crypto has made people wealthy, probably with a large luck component and others want in on that.

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