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It's a lot more convenient to buy gold in China. Also the law makes it that if you discovered you bought fake gold, the seller has to reimburse you 10x what you bought with real gold, so almost no sellers, even online at Taobao or PDD, sells fake gold. Also they use 3D molding technology which makes the coolest gold stuff. People literally buys 24k gold anime figurines. I bought a gold Winnie the Pooh charm and a Kuromi charm from Taobao, among others. I was gonna buy a Detective Piglet necklace charm but they just cut off all shipping to the US due to tariffs.
https://youtu.be/PDD0sWwG3bg?si=7GKFd10q8Enxrski First line
How many ads did they have? $PDD 🚀
Bullshit, I can tell you at least 50 off the top of my head. I'll list just a few - VRM, PDD, ZM, DOCU, PYPL, SNAP, SQ, LCID, NKLA, INPX, GAN, LAZR, CLOV, GRWG, ZEPP, RIDE, SOLO, COIN, PSFE, ASTR, IREN, Every Cannabis stock etc etc all fell more from their highs than Bitcoin has. ​ There are wayyyyy more than that honestly. The stock market has without a single doubt been more brutal than Bitcoin. Especially with how easy it is to trade additional derivatives on these assets.