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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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SQX 🎩 ⌐◨-◨ 🧾🍖
@sqx
as a financial bro. the discussion is due to tokenomics and issuance. logic out the window . memes do stand on their own . true that. but they are 100% ponzinomics
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92
@92-
True- there are some scams and rugs for sure. They're horrible. But Tradfi continues to create generational trauma, international exploitation, quality of life degradation, & financial ruin on scales unfathomable. See below. Crypto is refreshing, and may help stray from this. https://warpcast.com/92-/0xf7a6493d
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