The real issue with all the pump and dump, fear of missing out, and all the other crazy “mooning” is that it is ruining this whole space. It is creating a reality that all the haters of cryptocurrency have been talking about for a while.
Instead of focusing on building real applications with blockchain, programmable money, and changing the world everyone is focused on trading and get rich quick schemes. This stuff could change the world it is money ripped out of government hands and it could be baked into everything we do on the internet but I am not so sure that will happen anytime soon anymore.
I am very jaded with the whole space because of all this fraud.
Instead of focusing on building real applications with blockchain, programmable money, and changing the world everyone is focused on trading and get rich quick schemes. This stuff could change the world it is money ripped out of government hands and it could be baked into everything we do on the internet but I am not so sure that will happen anytime soon anymore.
I am very jaded with the whole space because of all this fraud.