When it was 80 million dollars, the top ten by market cap.
Four days later, 0.0001 million dollars.
Everyone is praising how ingenious its mechanism is.
No one is willing to mention this name anymore.
What happened in between?
New money ran out.
Anchor promised 20% interest.
That interest wasn’t conjured out of thin air.
The money after pays the money before.
As long as new money keeps coming, everything is fine.
Once new money stops, everyone goes to zero.
Today $BTC 64,116.
In 24h it rose 1.35%.
Trading volume was 751 million USDT.
There’s nothing much to brag about in this chart.
BTC has never promised any returns.
It doesn’t need new money to keep itself alive.
BTC is still here, but LUNA is gone.
Extending life by new money isn’t innovation—it’s a Ponzi scheme.
#BTC #ETH #投资哲学 #交易心态 #crypto-circle
Four days later, 0.0001 million dollars.
Everyone is praising how ingenious its mechanism is.
No one is willing to mention this name anymore.
What happened in between?
New money ran out.
Anchor promised 20% interest.
That interest wasn’t conjured out of thin air.
The money after pays the money before.
As long as new money keeps coming, everything is fine.
Once new money stops, everyone goes to zero.
Today $BTC 64,116.
In 24h it rose 1.35%.
Trading volume was 751 million USDT.
There’s nothing much to brag about in this chart.
BTC has never promised any returns.
It doesn’t need new money to keep itself alive.
BTC is still here, but LUNA is gone.
Extending life by new money isn’t innovation—it’s a Ponzi scheme.
#BTC #ETH #投资哲学 #交易心态 #crypto-circle