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    John Quiggin (johnquiggin@aus.social)'s status on Saturday, 28-Dec-2024 13:31:51 JSTJohn QuigginJohn Quiggin

    Bernie Madoff's simple Ponzi scheme ran for at least as long as Bitcoin has operated, and would have lasted longer if not for the GFC. The market can stay irrational longer than you (or any short-seller) can stay solvent.

    https://en.wikipedia.org/wiki/Bernie_Madoff

    In conversationabout 5 months ago from aus.socialpermalink
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GNU social JP is a social network, courtesy of GNU social JP管理人. It runs on GNU social, version 2.0.2-dev, available under the GNU Affero General Public License.

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