Why Crypto (substack.com) | |
I never thought about it this way, but I think it's true - people who made money in crypto typically reinvest in crypto and are young enough to build idealistic projects. I think this first mechanic has also been visible in the NFT market. Ofc a big part of the last bull run has been speculation but just like 'traditionally rich' people buy paintings, 'crypto rich' people bought NFTs. | |