So the faggit ass Fed just publicizes a meeting — nobody even knows what for — and the entire market shits its pants. Including crypto. This is evidence that crypto has been co-opted by rent-seeking pieces of shit. And they've been let in by Trojan horses like Jack Mallers and Michael Saylor.
True crypto heads must understand that we now have a "mainstream" crypto. Bitcoin, Ethereum, Solana (yuck) and all of the major coins on the market are now in this narrative. Bored Ape Yacht Club and Mutant Ape Yacht Club members are now being recognized on the street by non-BAYC/MAYC normies. Greater adoption of crypto is inevitable. That invariably means a watering down of its core principles as unscrupulous businessmen pre-emptively compromise with shadow regulators to ensure their own profits, implying tacit consent of any subsequent policy by smaller investors, but only because we don't have the reach to physically slap lawmakers. Goddammit, if I'd only been a complete sellout douchebag like Brian Armstrong and created Coinbase — I could be dictating policy now. But my mind just doesn't think that way.
This doesn't spell the end of real crypto, however, not by a long shot. If you look beyond the hype, there is an infrastructure of capital and mindshare that is forming in Elizabeth Warren's shadows. So while you're hoping Solana VCs don't dump on you even though they went on Youtube saying they are, I'll be looking closely at projects like Secret Network, and yes, Monero (still) to see how the privacy game is counteracting all of this bullshit. If you join the Telegram group, that's the kind of alpha I'm really interested in.
The rules of investing in the true value sector of crypto is the same as the mainstream sector, however. Just because people adhere more to a privacy standard doesn't mean they're willing to lose money. You can also get scammed, although not as often as you might think. (That's much more likely to happen on these BSC ponzi projects and shit games with doxxed founders and public ads galore.) It also helps if you have dev skills. But I don't have any dev skills, and I've managed to keep from getting rekt in more than 1.5 years now (that's like 10 years in real time).
Just understand that you should always be grabbing profits from the mainstream and putting investment back into projects that matter. This is the only way real crypto survives. The mainstream will continue on because most people want it that way. Hate to say it, but it's true. There is no centralized power that people couldn't stop if they wanted to. They don't want to in great enough numbers. But what we can do is moat ourselves off from the rest of these clowns even as we siphon their money away from them to fund our efforts.
-----------
t.me/alucard0x
