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I think this may be sarcasm, but I also think it's literally true. Part of what I find interesting about the whole debacle is how many people really "told you so" well before the wheels started to come off (if that's indeed what's happening over the last year or so, will be easier to tell after the fact).

There are people who claim they “told you so” all along, who had heard about bitcoin in 2011[1]… and it’s still up 100x since then.

”But you could say the same of a legit Ponzi scheme or fraud!” No, not really. Those crash after the details emerge and everyone knows the truth. Here, the full “details” have been out for a very very long time.

[1] the year the infamous /r/buttcoin sub was formed, btw

Were those people saying crypto would not take off as an alternative currency, or did they claim the value of crypto as a speculator asset would not increase?

Whichever subgroup and goalpost makes you look wise and correct, I suppose?

Is ad personam a meaningful way of making HN responses, if we're at it now?

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