The problem with the greater fool theory is that while fools are available in quantity the quantities are actually finite, in a way that actual creation of value is not. The reports on who is making up this wave of Bitcoin investors should be sobering.
Replying to @patio11
Most BTC trading is in Asia, so this is just not true of the overall demand, even if there are some anecdotes.
4:59 PM - 13 Dec 2017
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