Oddbean new post about login | logout This is the difference this cycle. People aren’t going to be on Coinbase confused at which is the real Bitcoin, or being tempted into a shitcoin casino. This bull market the flows will be from TradFi into Bitcoin and not gambling on garbage to diversify. https://i.nostr.build/6z5tiIRovviSUnB7.jpg
This time it's different! https://media.tenor.com/6ftxhrKTowgAAAAC/monty-python-no-it-isnt.gif
I doubt it Most people/companies/nations still need to go through a sh$tcoin phase to appreciate bitcoin. We all need to learn
Where are the institutions/companies/nations going to gain access to the shitcoins? That’s the difference.
If there's an mETH ETF there will likely be others. Maybe they won't make it in time for this bullrun, but I'd imagine scammers being creative on how they will get some of the big boy $$$. Like imagine a company with stonks doing the MicroStrategy play but with a basket of sh$tcoins.
Prescient. Popcorn 🍿 on standby.
When you see what’s going on in the world why would you buy shitcoins ?! You stack sats hard in any way you can
The common story is people get hyped in a bull market, they get on one of these shitcoin casinos which prominently market altcoins and people take the default financial advice of diversification so rather than concentrating their capital into Bitcoin they buy multiple coins. The flows coming from TradFi won’t be in the casino in the first place.
sure hope so but as long as there are still "oh lets diversify into ETH" bros, not too confident
