#crypto is, for the most part, a speculative bubble and the sooner it pops the less damage its collapse will cause.

nytimes.com/2021/12/20/tec…
Ian Brown @igb
Nothing wrong with trying to get rich, and if you can get in and get out and take from VCs and their LPs, go for it.
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But there are gonna be a lot of folks at the edges who are betting on #bitcoin or NFTs with money they can't lose.
That's the really shitty effect of all of this. Brain drain just inflates tech salaries & moves some talent(?) to a #crypto Ark Fleet Ship B
But so many of the end users, the folks purchasing digital artifacts, tokens, and coins in hopes of getting as rich as a @coinbase VP...
...are gonna get stuck HODLing a bag worth nothing.