Eric Balchunas
π€ SpeakerAppearances Over Time
Podcast Appearances
It's a Ponzi lottery.
Fine, but they didn't do anything to deserve it.
There's a lot of that, right?
And then number one is like...
I don't understand why do we need this?
Yeah.
Everything.
And that first category of people that I'm talking about, they've never lived overseas.
They've never lived in a country where the currency went to zero.
They've never had to flee somewhere in the middle of the night.
Yeah.
So they really don't understand that aspect of it.
But you got to give it to them on the other two points.
It is lottery-esque.
Some people were just faster to buy lottery tickets.
Yeah.
Now, one other aspect of this.
A lot of them are saying things likeβ¦
I was a visionary.
It's like, well, you risked $1,000 and turned it into $10 million.