this post was submitted on 13 Nov 2024
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Bitcoin hits record high as Trump vows to end crypto crackdown (arstechnica.com)
submitted 1 month ago by RmDebArc_5@sh.itjust.works to c/technology@lemmy.world
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[–] technocrit@lemmy.dbzer0.com 1 points 1 month ago* (last edited 1 month ago)

kinda like the stock market

It's basically the same thing. People cry about crypto being a pyramid scheme without talking about how pyramid schemes are a major foundation of the whole economy. People cry about how crypto isn't a worthwhile currency while the dollar (ie. paper covered with pictures of slave masters) is constantly losing value.