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They are marketed to people in my experience who are relatively poor. I know a guy who has a problem making rent who has all of his savings (about 1k) in dogecoin or other gambles like individual stocks. I have also met a ton of service people like bartenders and waiters who are involved in crypto.

I have also met quite a few software engineers who are not poor but don' have nearly the level of wealth of the people manipulating these markets who have gotten involved with this stuff. These people aren't poor but relative to the scammers they are, and when they lose money in hurts. I know one engineer for example who lost his life savings on some alt coins in this mid thirties.




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