Replying to @⁨beep@piefed.world⁩

I’m not saying Zitron’s right but one easy way that his predictions could be wrong at this point but could emerge as correct in the future is basically the principle “the market can stay irrational longer than you can stay solvent.” In other words things could have been crazy 2 years ago but they maybe crazier now, and they may have yet more room to get astronomically crazy.

Replying to @⁨fluffykittycat@slrpnk.net⁩

Yeah I think that’s the question. in short it’s fishing for a way to make it profitable, whole concept is when we pour enough money, servers, research etc… into it, eventually it will start making money faster than we put into it, and so far, that’s not been proven. Que old image of guys digging for diamonds, one walking away just before hitting the diamond jackpot, the other blindly charging towards it.

and of course just like reality, there’s no actual way to know if there’s even any diamonds… just that we haven’t found them yet.