do u believe that markets get smarter? was 2017/2018 as degen as what we are witnessing now
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I think 17 was more 'scammy' though; the degens now at least don't wholeheartedly think they are investing in the future but instead are just having fun playing hot potato (right?) We've left behind fake LinkedIns and half-baked whitepapers for fully baked memes. Progress
Think it's a lot of the same in a different wrapper. Interacting with smart contracts and self custodying has made it feel more 'legitimate' but I'm fairly certain the $ value lost to scams /rugs is much higher this time around Also a function of the market increasing in size)
