I’ve been watching meme stock subreddits and they’re very cynical about this bubble. By now they’ve seen a clear pattern where it arbitrarily fluctuates between like $16-60k. The game is no longer pretending it’s going to the moon as a Millerite fantasy. It’s timing your buy-in so that you’re closer to the $16k than the $60k.

NFTs also alienated all but the weirdest goobers. Even if I didn’t see all crypto as a scam, for a solid year it was just nakedly a series of highly public scams. Like mid-level marketing or the lottery it completely lost legitimacy for anyone who isn’t pathologically dependent on getting rich quick. The utility of any blockchain project is as meaningful as the utility of any Herbalife supplement.

It’s literally so quiet

Can we agree it’s time to start organising death squads for people who misuse thhe word ‘literally’