SPYvsGME

The Crypto Battle Royal Draws to a Conclusion

Long
NASDAQ:COIN   Coinbase Global
This story about crypto started about 2 years ago.

It starts with an idea about why Blackouts in Xinjiang were linked to crypto problems in China.

The idea was that bitcoin was going to solve inequality and be free from government manipulation.

What could be more opposite to what China wants.

The cost? A surge in energy and semiconductor demand unlike anything thought possible at the time.

China gave us the first indication the cost was to much to sustain and exited the ring for who would control bitcoin.

The next to leave the ring were popular dollar pegs.

It wasn't long before wall street got involved in the fight by taking Coinbase public along with ETFs and enough dumb money to bankrupt a country.

I stood up on my soapbox (Trading View ❤️) and shouted what I knew to be inevitable.

But at the time, nobody was listening. The stock market and crypto went into a spiral downward in harmonic correlation.

Finally after 2 years and several criminal masterminds identified by MSM.
translation = SBF is about as solely responsible for crypto collapse as Madoff was or Kareem Serageldin.

I thought this story would end with Bitcoin dying completely.

But then I noticed players like TastyTrades stepping into crypto ring and thought to myself maybe there is a chapter 2 to this story.

I think there is a lot more legitimacy to digital currency now that players like TastyTrades are entering at this particular time.

I could be wrong on this one, but I'm leaning risk on by buying Coinbase here.

Feel free to leave hate mail below in the comments 👇👇

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