Crypto is becoming embarrassing…
Looking back at the last few week:
1) Shitcoins and memecoins made a killing for no reason and became a pure gambling play
2) A single person was able to cause a 25% price swing based on a single tweet or sentence on SNL, multiple times
3) Institutional investors being able to easily manipulate the crypto market as well
4) Support from clueless celebrities but not economists or financial professionals
5) No end in sight to volatility, which means more and more businesses will be hesitant to accept crypto
6) Almost 6 times that number of cryptocurrencies in existence than all the officially recognized fiat currencies in the entire world
7) Theres a crypto called Cum Rocket which somehow sees $1M a day in trading volume
8) Every post is about "I believe in the tech" as if that alone is sufficient to make a currency successful
9) Still no GPUs
10) I made more money from a meme than real companies backed by real revenue and real products/IP
I want to get off Mr Bones' Wild Ride!
submitted by /u/marbar8
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