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here we go again
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Bye-bye "Staples Center" ❌ Hello "Crypto.com Arena" ✅ Along with the name change, here's what else patrons could expect from the venue's deal (including potential integration of crypto-currency payments on site) 👇latimes.com/business/story
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I suspect this will break in rough correlation with supply chain logjam being cleared. Not a cliff, more like a staircase ratchet down, as savings unwind and turn into demand fulfillment. This is as much about money having nowhere to go as it is about froth native to crypto.
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Ie not quite an exact analogue to 2000. We were coming off sustained general prosperity then. Not pandemic for 99% + asset boom for 1%.
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