>Greater Fool Theory
>There's a sucker born every day
>>61322510It is him. He has been the greatest fool all along.
>>61322510unironically not gonna end well, he can keep kicking the can down the road but one day its over
The stupid one buys.The stupid one sells to the stupider.The stupider sells to the stupiderer.The stupiderer sells to the stupidererer.The stupidererer sells to the stupiderererer.And so on until the stupidest is next in line to be sold to.But the stupidest...as should be expected...has no money to buy.Because the stupidest is always broke.So the stupiderererer trys to sell, but the only one he can sell to is the stupidererer, who (being not as stupid) insists on a lower price.Then the stupidererer tries to sell, but he can only sell to the stupiderer, who (being not as stupid) insists on a lower price.And so on.Until the least stupid person refuses to buy it, because they are smart enough to realize it is not worth owning for what it is.The stupidest has already been unable to buy this shit: because they spent their money on food when they were furloughed, and must pay their delinquent car payment and delinquent mortgage and delinquent credit card debt.So the downward spiral has already begun, as of midway through the US Government shutdown.Thiswillbekino
>>61322788he can literally kick it forever
>>61323093>NetherCHADS just flexing on the rest of the idiots that can't manage moneybased
>>61323797>debt actually makes bitcoin go updidn't work for this bullrun though, we got outperformed by boomer stocks and gold
>>61323797you're unironically tarded if you think just because USD deflates a man issueing 10% bonds to buy an illiquid speculative asset will continue on happily forever and ever
Any criticism of bitcoin can be applied to gold, the longest-running game of greater fool.Either way, if bitcoin tanks I’m going to buy more. It helps even more if Saylor dumps.
>>61323889Gold is a physical object with inherent material and psychological value. Gold has a history of being valuable as old as the concept of value.Gold is physically irreplicable as a basic element, while bitcoin has spawned gorillion copycats that are functionally the same thing under a different name.
>>61323940It’s valued because you give it value. 90 percent of it is in vaults. Again, longest game of greater fool. Gold isn’t “irreplaceable” as an element, but as a store of value, absolutely. Go look at /pmg/.
>>61322510bump
Isn't he up several billions?? How much you guys made?
>>61323940>dude you can like hold it in your hand and put it on your wife’s fat neck Silence boomer >>61325311Shut up Michael
