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> Here's hoping this is the peak — it seems to be, from my studies. Until the Fed gets inflation under control (2-3 quarters, if not more), we'll still see ple
by dvt 5y ago
> Here's hoping this is the peak — it seems to be, from my studies.
Until the Fed gets inflation under control (2-3 quarters, if not more), we'll still see plenty of retail money go into risky speculative instruments. Alchemy just raised a ton of money, OpenSea just raised a ton of money, YGG just raised a ton of money, Nike just acquired RTFKT, Ubisoft is doing gaming skins as NFTs. Why do you think this is the peak?
- tata71 5y agoBecause Ubisoft is a joke, and a less garbage version of the technology is imminent, hence Ubisoft's rush to release and capitalise on the only advantage they'd ever have — first mover. Because zkrollups are going to do what all the speculative coins do while claiming to have been adding value. The final ⅓ of the technological adoption is here, there can't be as many degens trying to 300x coins if they just don't do that anywhere near as often anymore.
- tata71 5y agoAlchemy is a decent project, for what it's worth.