Oddbean new post about | logout
 I suspect many of them gave their Bitcoin to miners, who will in turn sell it to folks like Blackrock.

They played themselves. 
 It’s a self reinforcing loop 
 Bitcoin is scarce, fiat is not. It’s like these nerds still haven’t figured this is a losing game lol 
 Exactly 😄 
 I think it’s just money laundering like most of modern art

Beeple got like $65M for some fucking NFT in 2021 lol like common bro 

And of course you have the retard bag holder gambler that will get rekt