Understanding crypto
The New Bazaar
00:00
Cryptocurrency
There's something about describing a financial bubble that i can't tell if it applies in the case of crypto. The idea that you're putting money in on the expectation that you're going to take more money out later. You're sending yourself money in the future, basically. And now, it seems like maybe with crypto, parts of the stock market, all these groups getting together, like pump up stocks,. Yes, they obviously want to make money. But part of what they're actually paying for is the enjoy ment of being part of the community. Ad yes, It was a community in addition to an investment club. I would note that those folks are using money that they can afford to
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