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by sneed-oil
62 days ago
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I guess I'm one of those suckers, except that so far I've made a 3x return on the small sum I bet, I would say it's a hedge. I’ve been betting on the Iran war since mid February, the reasoning was that if the conflict happened, my payout would offset some of the jump in my cost of living. I could have used traditional financial instruments to buy options or oil futures or gold, but there's more friction there and I already had some crypto. |
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Somehow 2026 took the Ancient Rome model of profit from destruction and enshitified and made it even worse and more grotesque. WTF are we even doing?