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I get it. I don't see the contagion spreading, unless some real crimes were also committed on the TradFi side of things. But unlike 2008, these crimes aren't i
by lordfrito 4y ago
I get it.
I don't see the contagion spreading, unless some real crimes were also committed on the TradFi side of things. But unlike 2008, these crimes aren't institutional and will have real names attached to them.
The worst I see is crypto dying a firey death, people go to jail, and a new generation of avg greedy folk learn the hard truths about get rich quick schemes. All well deserved.
Frankly I'm relived to finally get this experiment behind us. The sooner it dies the better. The bigger it got the more avg folk that were going to get scammed.
Meanwhile the rest of us go back to our daily lives trying to figure out where to invest wisely.
- WillPostForFood 4y agoMeanwhile the rest of us go back to our daily lives trying to figure out where to invest wisely. fine gold coins, r/wallstreetbets, lottery tickets, and shares in "art masterworks"
- lordfrito 4y agoMy point being that many of the people who were "bullish" on some of those ideas (r/wallstreetbets), are re-evaluating things right now in light of crypto implosion. That's a positive outcome for me.