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by mrkramer
1470 days ago
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Crypto market is just a fraction of housing market and stock market which are worth trillions. So investing in dumb crypto should't really hurt the economy. Crypto, ICOs and NFTs are like baseball cards; people buy them thinking they are special items and therefore they should be worth a lot of money but in the reality they are not of any real life use. All in all as of today crypto is fool's tax but I hope that the technology behind cryptocurrencies will prevail and be useful in a practical sense. |
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