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Benefit of the hindsight (sub.wetshaving.social)

submitted 2 weeks ago by [email protected] to c/[email protected]

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[-] [email protected] 31 points 2 weeks ago

Bitcoin is still fucking shit. That just amounts to "I wish I was there first in this this pyramid scheme". It doesn't change what it is.

[-] [email protected] 6 points 2 weeks ago

Sure, never said otherwise, so you can see how someone could theoretically think maybe nft is the next bitcoin and want to get in early.

[-] [email protected] 1 points 2 weeks ago* (last edited 2 weeks ago)

There were enough layers in that pyramid and enough years in construction to have room for more people to make a buck.

What’s the difference between a scam and a bubble, and is the bubble more legitimate or just a bigger, longer scam?

NFTs were a misuse of blockchain giving no real value. Plus it was very short term and really only rewarded scammers and manipulators. A true scam.
Crypto is better thought out and actually could serve as a currency. It has a bit more staying power and even enriched a few non-scammers. Does that make it a “bubble” ?

this post was submitted on 02 Jun 2025

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