Oddbean new post about login | logout These days I was thinking... Why do #memecoins have so much adaptability in people’s acceptance, even though I know that the most effective and promising protocol in the long term is #Bitcoin?!
People don’t do their own research. They think it’s all the same. If the logo is cute, they will ape in 🤦🏾♂️
I don’t remember who it was, but I once heard a conversation about it - if the avatar is “cute” they buy them. That’s crazy! I thought it was a joke that I didn’t understand, but you confirmed that you didn’t! 😅
I saw an interesting documentary, “this is not financial advice” about people aping into dogecoin and other shitcoins. It’s interesting to see how people justify these poor decisions 🙄
I’ll research this documentary to watch! I can’t afford to think the same at some point in life 😅