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These booms have happened before, complete with distributed finance boom and bust cycle, exploitative rugpull projects, and community mania. They just get a lit

• this_user 4y ago
  They can only get bigger if you can reach a new population of suckers with each new cycle. But crypto is probably at the point where anyone who can operate a computer, has heard of it. Plus, with how many regular people have lost a lot of money, and are still losing more, a major regulatory crackdown is just a matter of time now. And that will cripple most of the crypto ecosystem.
  • fny 4y ago
    But there's going to be a new Ponzi, there always is. It's just a matter of finding what the grifters latch onto next.