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Joseph

A Problem that does ... • 5m

I know I'm gonna get a lot of heat for this but I will say it anyway. Crypto is a scam. Period. From a strictly financial lens it just does not make sense. How can you call something an 'asset' when you can only make money (liquidise) it when you s

Sairaj Kadam

Entrepreneur • 5m

You know what, I believe it too. People treat crypto like the ultimate investment, but let’s not forget how hard it has crashed before. As Warren Buffett said, “Cryptocurrency doesn’t create anything. You can stare at it all day, but it won’t do anything.” That’s the truth. I love the point you’re making because not enough people are talking about this. I recently saw Kiyosaki predicting a crypto rise, but let’s be honest—these predictions often rely on shady tricks to inflate value. People like him profit because they know the game, while most others remain unaware. Your post is spot on, and we need more discussions like this. What do you think?

2 replies8 likes

Replies (2)

Joseph

A Problem that does ... • 5m

I completely agree with you Sir. What Warren Buffett said about it not creating anything is to the T. How can it be economical if the very thing does not have any tangible existence? It is like investing in a shell company that is listed on the stock market, its value goes up but there is no actual production or value being created.

0 replies3 likes

Shimi Gupta

Things always happen... • 5m

How does it work?can anyone tell me about this?currency and all?

0 replies

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