The cost of living had begun to spiral out of control. What was to be done? Casting around, people found a life raft: shares. Every day the entire population studied the stock market listings. Sometimes some shares collapsed and thousands of people hurtled toward the abyss. In every shop, every factory, every school, share tips were whispered in one’s ear. -1923 Germany in the book Defying Hitler by Sebastian Haffner This is the mindset behind sh*tcoins and the wipeouts on them yesterday. These “assets” are just reflections of something terrible that’s happening to money, and as a result, to society. They have no connection to BTC, other than to show the need for it. No sh*tcoins. No leverage. Always understand who your co-investors are in an asset; are they sane, or are they reckless? Harvard bought BTC, not Fartcoin.