06-09-2021, 01:11 AM
Proof of stupidity - the new way to passively "stake" your coins
<!-- SC_OFF --><div class="md"><p>You are in charge of your own money when you use crypto. This means that there is the possibility for some stupid shit to go down, and the potential for many coins to be lost.</p> <p>Around 20% of the current bitcoin supply is lost, and the number of lost coins will continue to increase as more clueless people get into crypto. For every coin that is lost, the owner is making a donation to all other holders by raising the price of their coins. </p> <p>I call this <strong>Proof of stupidity</strong></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/roberthonker"> /u/roberthonker </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nuvang/proof_of_stupidity_the_new_way_to_passively_stake/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nuvang/proof_of_stupidity_the_new_way_to_passively_stake/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>You are in charge of your own money when you use crypto. This means that there is the possibility for some stupid shit to go down, and the potential for many coins to be lost.</p> <p>Around 20% of the current bitcoin supply is lost, and the number of lost coins will continue to increase as more clueless people get into crypto. For every coin that is lost, the owner is making a donation to all other holders by raising the price of their coins. </p> <p>I call this <strong>Proof of stupidity</strong></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/roberthonker"> /u/roberthonker </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nuvang/proof_of_stupidity_the_new_way_to_passively_stake/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nuvang/proof_of_stupidity_the_new_way_to_passively_stake/">[comments]</a></span>Kind Regards R