Quote:
Originally Posted by Superturtle
Aren't half of them blatant rug pulls anyway? It's honestly baffling how so many otherwise smart people got bamboozled by what has ended up being a bunch of various sized Ponzi schemes. Even the largest exchange has half it's worth ties up in it's own variation of "coin". The same thing could happen there at any time
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It's sad actually.
But dot.com bubbles and housing bubbles and stock market crashes are also a thing.
Hard to balance a free market, animal spirits, and consumer protections.
But yeah, I generally stay pretty conservative.