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Coop
@coopahtroopa.eth
Saw a lot of talk on the CT timeline today that "fundamentals are bearish" and honestly this makes a lot of sense. When you value something based on its cashflows (onchain or offchain) - it's easy to put a ceiling on it. Virtually all memecoins have no cashflows - which let's people's imagination run wild.
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Coop
@coopahtroopa.eth
This is one of crypto's biggest strengths and its biggest weaknesses. Most financial bros do not take crypto seriously because "its all made up". But the lack of fundamentals actually creates net new market behaviors on how to value psychology and attention which we haven't *really* seen before.
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@92-
Man, the STOCK MARKET is all made up. Literally engineered with help from Madoff Market Makerts and Fails to deliver are a complete scam, as well as High frequency trading, payment for order flow, self regulatory organizations. Honestly crypto is refreshing. Tradfi culture has brainwashed society so bad. Fuckdatshy
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