BTC The worlds greatest ponzi scheme in history.
So how long will it take for the world to realize what a giant disaster this ponzi is. It does not produce anything but waste, waste of energy and resources. The only way price rises is with new buyers, and the majority of it is held by only 3% of individuals which is hilarious in itself. But feeding on the hopes and dreams of people, it lives. This has become the worlds largest manipulated casino, this brings a new meaning to the house always wins and it is controlled by a very small group. I cant even begin to understand how people do not see it, probably blinded by greed and delusions which they cannot override because of human nature.It definitely is one of the most entertaining spaces to observe. In essence the worlds greatest game, play from anywhere. And the best part is every new player has to pay off all the existing players. So far the first rise was a speculative frenzy based on the narrative of "its the future", the second was an outrageous increase in the money supply and big players knowing they could fleece the uninitiated. I wonder what the new narrative will be? One thing is for sure people do not change, so be smart get in and get out, make your money and do not be greedy. It became worse than the system it was supposed to replace, it failed. Or maybe its doing exactly as its creators intended.
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