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Originally Posted by jscott
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oh the bill for the relief will come due...it always comes due...as does the bill for turning anything in to a casino: gold/bitcoin/properties/stocks...
no matter what the asset, basic math exists: most of you will have to lose for a few to win...the longer the game is played, the more concentrated the asset becomes, the more bag holders are left...ups and downs shake the weak hands (read: majority) and a few winners take the prize...
blockchain does not defeat basic math unfortunately...it is on paper a wonderful concept for disciplined and strong willed human beings who do not care about money but just want safety for their finance...but this is not the real world...humans are dumb and greedy...ergo, bitcoin is a casino like anything else...a repeating game of musical chairs if you will...each cycle eliminates most who invested...