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DRIP Still Exists?

Just getting my two cents in!

Bernard
3 min readOct 25, 2023
Less than two cents will get you a DRIP token today. Photo credit: Garen M. on flickr

I was perusing Reddit the other day when a DRIP post popped up in my feed.

Damn! I thought. There are still people out there pretending this thing is real?

Then I remembered…

Oh yeah! One thing about this particular “smart contract” is that it cannot cease to exist.

Thank God that I possessed the wisdom to not buy into it in the spring of last year when I had transferred about $3,000 of fiat currency with the foolhardy intention of purchasing fifty lousy tokens at the time when DRIP was trading at just under $60 per.

Two cents is more than enough to purchase a DRIP token today. Screenshot from CoinMarketCap on 10/25/23.

But I had it all mathed out, and at a one percent return per day, in no time I would have several hundred tokens in my possession, keep on “hydrating” as the cultists call it, and soon enough I would be collecting big real dollars as Flemming Arnott wrote about non-stop.

Funny thing:

If you were to peruse the subreddit on DRIP these days, most posts are about gamblers who can no longer access their wallets, their huge disappointment at (surprise surprise!) the shark that consumed them as chum, and the…

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Bernard
Bernard

Written by Bernard

A married father of two adult children and a Morkie. Long-time economic developer, former P.O., avid reader, thinker, investor, and walker.

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