@elonmusk@slashdot Music copyright laws are hardly designed to protect or benefit creators.. They're just to there to control the record labels monopoly
The combined market cap of $UST & $LUNA was larger than that of Lehman's before it collapsed in 2008.
However, the latter would have brought down the financial system were it not for taxpayer funded bank bailouts.
Tell me more about crypto's "systemic risk" ๐ค
Since Iโve been asked a lot:
Buy stock in several companies that make products & services that *you* believe in.
Only sell if you think their products & services are trending worse. Donโt panic when the market does.
This will serve you well in the long-term.
Think about this. In Norway, CEOs make 11x more than their average worker.
In the United States, CEOs make 351x more than their average worker.
Does anybody seriously believe CEOs in this country work 351 times harder than the average American worker? I don't think so.
@Irenezhao_ ..most probably just look at it as the same thing as the stock market, or just hopped on the bandwagon while it was hot without understanding anything about it
@Irenezhao_ It doesn't make sense to me.. Massive inflation and political instability should drive huge demand for crypto.
I think people just don't fundamentally understand it's value yet, particularly most of the institutional investors that just picked it up in the last year or 2.