Re:Why Solana Was Decimated by Bankman-Fried’s Downfall
by RC_ITR on Wednesday December 28, 2022 @11:19PM
(#34169508)
> There are, however, plenty of real projects backed by real money with real employees, open books, and have proven resilient over these handful of years.
Citation needed, especially considering what’s been going on with BNB
There are, however, plenty of real projects backed by real money with real employees, open books, and have proven resilient over these handful of years. If the economy gets pumped full of fakeass USD causing stonks and crypto to triple up, I'm not going to be one to say "Yeah that value is so real". My fave stonk Square (SQ) (I refuse to call it block), has net me several boatloads of money since day 1, and now it's dropped to only a couple boatloads. Does that mean it's now bullshit? No. It means the economy has a mind of its own and let's not pretend it makes much sense. It's more powered by emotion and guessing than actual worth.