Why Crypto Will Crash Hard And Come Back Long

“The woeful Cause yt in these Times, (E) Honor, & (D) honesty, are Crimes, That publickly are punish’d by (G) Self Interest, and (F) Vilany; So much for Monys magick power, Guess at the rest you find out more.” — William Hogarth, 1721.

Ten days ago, the founder of $LUNA laughed and said “95% [of coins] are going to die. There’s also entertainment in watching companies die too.” Well, his coin cratered. YouTuber ksi said “my 3 million dollars worth of Luna is now worth a few $100.” Which is, like, boo-hoo millionaire, but many people are downright suicidal and that’s awful.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
indi.ca

indi.ca

32K Followers

Indrajit Samarajiva is a writer from Sri Lanka, grumpily in Oxford for a while. Sign up for my newsletter at www.indi.ca, and you can reach me at indi@indi.ca.