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Re:Peter Thiel’s fund wound down 8-year Bitcoin bet before m... by ElectricalUnion on Thursday January 19, 2023 @05:03PM (#34446310)
> That’s all I see in crypto speculation. It’s a game that involves shuffling money between players, without actually creating new wealth.

Just shuffling money between players is downplaying it.

"Crypto" often just sends "value" to the bitbucket either intentionally or because of operational errors.

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