But, Wait, There's More: Short-seller who called FTX and SVB, says the digital currency ponzi scheme is still unraveling. - Kotaku In Action 2 - The Official Gamergate Forum

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But, Wait, There's More: Short-seller who called FTX and SVB, says the digital currency ponzi scheme is still unraveling. (archive.ph)

posted 2 years ago by GeneralBoobs 2 years ago by GeneralBoobs +13 / -1

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– Kaarous 10 points 2 years ago +10 / -0

Turns out literally worthless assets are literally worthless. Crypto doesn't magically become useful just because it takes time and effort to make it.

Because the labor theory of value is and always has been false.

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– captain-shitpost 9 points 2 years ago +9 / -0

now do fiat.

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– Ilovemarisa 2 points 2 years ago +2 / -0

Fiat has value because its backed by military. If a country refuses to accept USD they'll framed for 9/11 v2 and subsequently invaded.

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