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$BTC One day, a merchant appeared in a village and announced to the residents that he would buy monkeys from them for $10. The villagers, seeing how many monkeys were in the jungle, abandoned their plots and began catching monkeys. The merchant bought thousands of monkeys for $10, but the number of monkeys began to decrease and catching them became increasingly difficult.
Then the merchant raised the reward for catching each monkey to $20. And the people began catching monkeys again. Soon food in the village became scarce and the villagers slowly began returning to their fields. The merchant raised the price to $50. However, he needed to go to the city on business and left his assistant in his place.
The assistant gathered all the village residents and proposed a deal: Look at all these cages with thousands of monkeys that you've already caught. I'm willing to let you have them for just $35, and when the merchant returns, you can sell them to him for $50 each!
The village residents thought about it, calculated, then gathered all their savings, borrowed money, and bought all the monkeys for $700 billion. After that, they never saw the merchant or his assistant again. But they were left with large debts and monkeys they had no use for.
That's all you need to know about bitcoin!