major insurance co just dropped 100mm on bitcon

[TimMykes]

they are being bullied into investing in the ponzi

congrats to satoshi and his crim cohorts

 

[Cuddles]

Bullied he says...

I suppose FOMO is a form of peer pressure

 

[TimMykes]

well, investing 100m in something without a single use case other than money laundering and online gambling

id call it bullied

not to mention zero barrier to entry for the tech

logic doesnt fail even if millions of lunatics say otherwise

 

[Cuddles]

well, investing 100m in something without a single use case other than money laundering and online gambling

id call it bullied

not to mention zero barrier to entry for the tech

logic doesnt fail even if millions of lunatics say otherwise

Or they know more than you do

 

[MrMuppet]

Or they know more than you do

That hit him right in the pp

 

[TimMykes]

Or they know more than you do

lots of folks know more than me

lots know less

on ET , doubt any know more than me, if they do, they dont post

 

[Cuddles]

lots of folks know more than me

lots know less

on ET , doubt any know more than me, if they do, they dont post

Statements like these show some ignorance though let's be honest:

well, investing 100m in something without a single use case other than money laundering and online gambling

id call it bullied

not to mention zero barrier to entry for the tech

logic doesnt fail even if millions of lunatics say otherwise

 

[ZBZB]

Bitcoin is deflationary, 21 million coins, 20% have been lost, supply of fiat money is inflationary, $24 trillion printed by central banks this year.

 

[Specterx]

well, investing 100m in something without a single use case other than money laundering and online gambling

id call it bullied

not to mention zero barrier to entry for the tech

logic doesnt fail even if millions of lunatics say otherwise

It's a mania... for tech stocks, TSLA, BTC, baseball cards, and probably much else.

Best not to think too much about it, until conditions signal a possible change in regime.

 

[tsznecki]

they are being bullied into investing in the ponzi

congrats to satoshi and his crim cohorts

Found the BTC short.