- Entry
- $112,337.00
- Now
- $64,722.06 -42.4%
- Target
- —
- Score
- —
Imagine standing in front of a crowd, holding a handful of ordinary dirt, and trying to sell it for the price of pure gold. If someone actually bought it, how would they defend that choice to their friends? They did something clearly foolish, but people hate admitting they made a mistake, so they look for a philosophy to justify it. A dirt buyer could easily borrow a page from the Bitcoin playbook and use a classic circular argument, claiming that …
— ORIGINAL POST ·
The Strange World of Bitcoin
· r/investing
· May 22, 2026