A visual representation of digital currencies.
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If it is not already patently obvious, and has been for a couple years, it would seem we have entertained the Crazy Town section of Crypto-Land.
We have jumped the shark, crossed the Rubicon. We are over our skis and out of our minds.
After teasing his followers with a variety of choices, Portnoy revealed that he had purchased $40,000 worth of “safemoon,” a “currency” for which he had no explanation and no idea as to whether it was a Ponzi scheme or a legitimate token. And he bought, if my math is correct, about five billion of them.
At the time of the announcement, safemoon was priced at $.00000817. This morning it was quoted at $.00000679.
That’s five zeroes before you get to an actual number.
Late Wednesday, Twitter was all aflutter with the…