@aviationdoctor.eth

And then what happens when number goes up? It only goes up if the last person bought it for a higher price. So now that person has even more at stake than anyone before them. They’ll also want the number to go up, lest they’re the last ones left holding the bag. Can this repeat ad infinitum? Of course not. It’s an extractive and zero-sum design, always has been. The moment people started buying into the coin, then somebody, inevitably, must get hurt eventually. Propping up the price is momentarily rearranging chairs on the deck of the Titanic.

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