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> Crypto is very special in this sense.

I noticed crypto's quality of being special is in reverse proportion to the Fed's interest rates. Just an observation.

In all seriousness, the are two real drivers here: 1) speculation 2) money laundering and avoiding regulation in general. These are the things that keep crypto afloat and cryptomaniacs repeating promises of the next big thing that's gonna change everything tomorrow. The real question is what's gonna happen sooner, Tesla's fool self-driving to Mars or blockchains taking over the world.




A pretty direct correlation for your observation:

https://twitter.com/aakashdotio/status/1593347543739441153?c...




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