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by loceng
1995 days ago
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Regardless if the price keeps going up or it crashes again (if enough HODLers don't hold long enough and the industrial complex hasn't kept enough $ billions in reserve to counter when the rush of selling does come) - either way the "army of HODLers" will continue to grow to wait (spreading their positive propaganda they're financially incentivized to do like MLM members) until the next hoard of people get tricked or sucked into the hype - or consciously gamble and their greed is enough to take advantage of other people. The Coinbase IPO will be a sign of if the people in control of the funds don't understand the complex at all - or they're simply trying to profit off of it not caring about the actual consequences and future outcome; dumb money from financial industrial complex (misaligned incentives due to fees based instead of long-term results based) buying into, perpetuating a global, decentralized Pyramid-Ponzi scheme - trying to legitimize itself by misappropriating terminology and working hard towards regulatory capture, legitimacy. |
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