I’m repeating this picture happily. Schadenfreude about bitcoin never gets tiring. A refreshing drink on a hot day.
Via Wolf Richter: Goldman created Coinbase to rope in the greater fools. Now that the Fed counterfeit press has stopped, bitcoin has stopped. After the “value” of Coinbase dropped from $400 to $40, Goldman is advising the greater fools to sell its own product.
It was perfectly fucking clear from the fucking start that bitcoin was created by Deepstate and Wall Street to serve THEIR purposes, not to assist the peasants. Now that Deepstate has identified and tinfoiled the fools, and Goldman has sucked the fools dry, the fools are no longer needed.