Menu Close
Posted in Other Guys

Madness Goes Meta

This is a syndicated repost courtesy of Slope of Hope – Technical Tools for Traders. To view original, click here. Reposted with permission.

Well, this leaves me nearly speechless:

So we have a confluence – – a one/two punch, if you will – – of insanity.

  1. The entire notion of a non-fungible token, which to any sane person is clear and obvious madness;
  2. Anything to do with Dogecoin, which peaked in social relevancy during the not-at-all-funny Elon SNL gig and has since shriveled up in trading so that its volume is literally down about 97% from its peak.

It was kind of amusing to watch the world go insane for a while. At this point, it’s getting just pathetic. $4 million paid (in Ethereum, no less) for the right to tell other people that you own the digital rights to the original picture of a dog. Who GIVES a shit?

Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.

Related Posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.