The way it goes:
• A crisis starts (eg. Covid-19 in March 2020)
• The government prints money to stimulate continued economic growth
• Inflation and the circulating amount of money increases
• People get more money –> they now both invest and spend more money
1/6
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We are no longer community-driven, we are VC-driven. As for those who say this is still promoting decentralization and Web3, you’re fooling yourself.
Yuga Labs is capable of fault, we all are. Yuga has shown their hand. Now it’s up to us as a community to decide how we respond.
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This trend continues: BAYC, Azuki, CloneX, Doodles & now Moonbirds separating themselves from everyone else.
I've talked about large-caps outperforming, but it's really the top-5 projects driving all the gains.
Artistically, the Murakami flowers look amazing but wtf @takashipom . You need a better dev team. There's people with hundreds of flowers that heavily botted the lottery and have been selling on OpenSea ever since it dropped. Some bullshit. #MurakamiFlowers#nft