Recent comments in /f/tifu

vrythngvrywhr t1_j6eyi06 wrote

Enron was worth billions and regarded as the best investment because they couldn't lose money.

Until that whole bankruptcy and prison thing.

Pets.com was worth money before the bubble burst.

Good luck and good day bud. Hopefully you don't wind up homeless working behind the dumpster at your local Wendy's.

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lcbomber t1_j6ey6bv wrote

Lol, one that’s going to be worth something? You’re saying that as they all become “worth something” right now. Bitcoin, ETH, Matic, BNB, so many more, all up 10’s, 100’s of percent from inception. Because people are using them.

−15

lcbomber t1_j6exko9 wrote

Absolutely, it is risky, but so is trusting our politicians in my opinion and lifetime. Absolutely never invest more than you can afford to lose because any asset can become valueless should people stop valuing it. At the end of the day though, crypto is math, dollars are promises.

−7

vrythngvrywhr t1_j6exibg wrote

I understand math. The block chain is an incredible invention without a current use. That's being picked up by every scam and con artist this side of a shit coin.

Trying to pick the one that's going to be worth something is like trying to find the Amazon in a sea of Pets.com.

Encouraging people who are so idiotic they'd dump everything into SaveTheKids going into fees and a negative bank account so they can #MOON is tantamount to theft.

14

Loko8765 t1_j6ewybl wrote

The dollar is supported by the US government, economy, and military-industrial complex. Sure it can crash, but it’s much less likely than crypto is to lose 50% of value wrt buying food and paying for a roof over your head.

Call it an investment if you like… but admit it’s a risky one, and don’t put in risky investments money that you can’t afford to lose.

15

tkeRe1337 t1_j6evm62 wrote

I know a guy who took way too much acid and came home, took his clothes off, made a sandwich and went to bed.

Here’s the kicker: wasnt his apartment. It was his neighbours. This wouldve been a funny story, but it’s not, because in ”his” bed was a young girl (cant remember age but a child, 8 maybe). He was naked. He was charged on some sexual crime (he didnt do anything to her and ran as soon as he realized his fuck up but they obv knew who he was) and it ruined his life. He killed himself not too long ago…

2