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> This has been a very amusing weekend though, Terra has become a meme coin, bouncing 500x off the lows (50,000%). Maybe you’ll hear about an article about all
by Bubble_Pop_22 4y ago
> This has been a very amusing weekend though, Terra has become a meme coin, bouncing 500x off the lows (50,000%). Maybe you’ll hear about an article about all the millionaires made from buying the dips. My bet is probably not.
Likewise nobody cares about some dude winning the mega-jackpot at Vegas slot machine.
People care about what you can do for them, which will improve their lives on a concrete and practical basis. Crypto fails on that account and has been failing for 10 years.
So you'll read about it on Bloomberg, CNBC, FoxBusiness etc. always in the realm of loss porn or gain porn, not in any other fashion.
Even your message : "this has become an amusing weekend because Terra became a Memecoin, bouncing off the lows"...
For regular people an amusing day was the day Pfizer announced the vaccine and the day they took it to drastically reduce their risk of dying from COVID.
Another example if you are young would be the discovery of a new oil field in Texas which is as cheap to extract from as the ones in the Middle East.
Concrete and practical quality of life improvements for the masses, those things deserve the frontpage of newspapers, not casino winnings
- vmception 4y ago> So you'll read about it on Bloomberg, CNBC, FoxBusiness etc. always in the realm of loss porn or gain porn, not in any other fashion. I really only see loss porn (except when an Elon Musk tweet is involved), which was my point. "wow crypto keeps crashing... from higher highs than before??? no, ignore that, it's crashing though, I will finally feel vindicated from sitting on the sidelines for an entire decade!"
- Bubble_Pop_22 4y agoWhen you don't build anything of value you'll always be a footnote.