Oddbean new post about login | logout This cycle will mark the turning point Institutions, nations,… Meanwhile retail fiat minds are looking for the next shitcoin to gamble their entire savings on because they’re greedy and stupid This will be the cycle that retail will get rekt in extreme ways Stay humble and stack sats
Be ready, they will weaponize retail against you like the little communists they are, stack sats and ammo
Retail will be saved from all that by the fact that it's completely and utterly broke after three years of double digit inflation and not stimmy checks. US credit card debt is one trillion dollars -- and the US is in better shape than any other developed economy. All this nonsense with meme scams on Solana and whatnot, all that shit we're seeing this cycle so far is, incredibly enough, VC and institutional money.
Mstr is the only shitcoin I am considering
