Oddbean new post about login | logout 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.