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JNdouble1

05/15/23 2:33 PM

#313985 RE: The_Pro #313963

Crypto has something even better than intrinsic value

Bitcoin investors seem to be relying on the greater fool theory—all you need to profit from an investment is to find someone willing to buy the asset at an even higher price.


https://www.brookings.edu/opinions/the-brutal-truth-about-bitcoin/

Crypto currency has perfected the exploitation of the "Greater Fool Theory".

In some ways I guess BIEL and Crypto can be considered similar.