There once was a small town in the midwest... [View all]
...that had a visit from a flashy millionaire.
He announced to the town folk that he would pay $20 for every racoon they could bring to him.
The citizens immediately went on a frenzied hunt, collecting as many as they could find, pocketed the cash and went back to their daily lives with a few extra dollars to spend.
Soon the wealthy investor announced he would pay $40 for every raccoon they could bring him. Again, the people dropped what they were doing and went on another hunt for what was becoming a rare commodity in town. They cashed in again and went back to living their lives with a decent stipend to spend on necessary items.
But a couple weeks later, the millionaire emerged once again and declared he was willing to pay $80 for every raccoon the town folk could bring to his office. He informed the people he would be out of town on business, but his lawyer would stay in the office while he was gone to pay the bounty. The people scoured the county but soon realized there were no more raccoons to be found.
The investor's lawyer told the people that he had a plan. He could sell all the raccoons the millionaire had stashed away to them for $50 each and they could turn around and sell them to the investor for $80 when he returned. The town's people emptied their savings and came up with enough cash to buy every raccoon in stock, then anxiously waited the millionaire's return. And they waited, but the investor and his lawyer were never seen again.
...and now you know how Crypto Coins work.
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