Tom Ritchford
Sep 28, 2021

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You're a nice guy, but you should really get over the crypto thing. (Over five years later, I'm still the sixth largest contributor to the XRP codebase, so this isn't ignorance on my part.)

Please consider this argument.

1. No cryptoledger operations will ever create a dollar in fiat currency.

2. So if you take a dollar's profit out of crypto, the only way that this could happen is if a later investor puts in a dollar.

3. This means that all crypto profits for earlier investors has to come from later investors.

4. But this is the very definition of a pyramid scheme.

Cryptocurrencies will continue to rise only as long as there are new people buying into it.

One day, very soon, we'll run out of new cryptocurrency buyers, and the market will tank.

Do yourself a favor and get out now!

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