Crypto is boring now
Do any of you guys remember the old days where we could have deep discussions on nonsense technologies? Lightning Network, staking, institutional adoption, alt-coins, daily crypto startups, heck even NFTs were a fun time. It was stupid as hell, but it was fun to pick it apart and lay out all the stupidity.
Nowadays all of that is gone. Nobody believes crypto has any other purpose than "Number go up". The only argument left is "zoom out". But even that isn't very compelling. If I were a degenerate picking my investments using the "zoom out" strategy, a lot of other investments are way more appealing.
I'm sorry comrades, but I feel the last of the comedy gold is being mined as we speak. The narrative is dying. We'll probably hit an all-time high again once volume drops and manipulation picks back up, but I don't think we'll ever see the mass hysteria of the past.