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99% of crypto is about speculation, not investment; there's less and less talk about real utility as the bubble inflates and the need for real code (or even real ideas) to support the narrative decreases. I'm reminded of 1999 when the proverbial shoeshine boys were buying every IPO with ".com" in the name, driven by the reliable twin engines of fear (of missing out) and greed (money for nothing). Look at the bright colored icons and fun-sounding names on coinmarketcap: it's a 24/7/365 global penny stock arcade. When you view coins and ICOs through this lens the current state of the industry starts to make a lot more sense.



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