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Buckeye73's avatar

I suspect that when the crypto bubble bursts we will get back a lot of the victims of the crypto scams.

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Tigercourse's avatar

I've been waiting a long time on that bubble.

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Aaron Apollo Camp's avatar

Crypto blockchains require a lot of computer technology, and, by extension, a lot of electricity, to maintain, so crypto might start hitting physical constraints, such as power grid capacity, sooner than later. Once that happens, the crypto bubble will burst, as, without the computer blockchains, crypto can't exist.

SCOTUS, believe it or not, recently declined a bid by Nvidia, a major maker of some of the computer chips used to make devices that power crypto blockchains, to invalidate a lawsuit over allegations it downplayed the role of the crypto bubble in its stock price surge. Nvidia's stock price completely tanking would probably be a leading indicator of a looming crypto collapse.

https://www.reuters.com/legal/us-supreme-court-tosses-case-involving-securities-fraud-suit-against-nvidia-2024-12-11/

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michaelflutist's avatar

A plurality of American voters will never vote Republicans again, either, after their handling of Covid and ending abortion rights. Just hold your breath; the racist sexist idiots will snap out of it in 5,4,3,2,1 seconds...

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