I don't know
AI summary of the linked articleThe author, writing about crypto, says Bitcoin's rise and Trump's crypto-friendly presidency leave the industry's future unclear, and that they are taking profits from their crypto holdings while keeping their Bitcoin. They note that Bitcoin has gone from being treated as suspect money to being embraced by figures including Larry Fink, Donald Trump, Stanley Druckenmiller, Ray Dalio and Elon Musk. They argue the industry has been built on a broken incentive structure, citing CoinGecko's figure of $26 billion in airdrops from the top 50 biggest airdrops. They say they have 95% of their net worth in crypto and are moving some of it into "real things." |
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3 comments macbudkowski.ethSubmitter Everything everywhere all at once. It's pretty overwhelming how many vectors of change do we have at the same time, and although I don't admit it, I am also pretty confused where it's going. One asset I believe in - contrary to the author - is ETH. So let's see how it plays out. Yes I think this describes the current vibe on spot. One possible future I was missing and worried about is what if Trump gov seriously fucks up and crypto goes down with them, all gone with the wind? |
