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Behold the Crypto Trash Crashwww.ft.com/content/75fa4323-51ea-4ed2-9c07-b995e09ace49
1020 sats \ 13 comments \ @denlillaapan 16h econ
Things were a little febrile on the financial markets yesterday as Trump initiated Tariff Shock 2: Neodymium Boogaloo, with US stocks and oil both taking a beating
Shocking that every crypto imploded, some of them revealed to have had absolutely zeeeero bids outside of market makers fooling around.
Some coins matter; others (read: all of them) don't.

"Now, we know what you’re thinking: this is all very stupid and funny.

And we agree"

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163 sats \ 1 reply \ @realBitcoinDog 13h
Covering crypto at All shows they won
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0 sats \ 0 replies \ @denlillaapan OP 5h
Totally
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99 sats \ 1 reply \ @SimpleStacker 13h
Unpaywalled: https://archive.is/4CUpW
wow, much crash
Little does FT realize, that the Pepe and DOGE bros already won the war.... FT is now talking like them. They've successfully pulled down them down the lofty pedestal.
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30 sats \ 0 replies \ @realBitcoinDog 13h
Yup
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35 sats \ 1 reply \ @cryotosensei 10h
Welcome back! Haven’t read you in so long
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0 sats \ 0 replies \ @denlillaapan OP 5h
Sorry, my mind's been occupied elsewhere!
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35 sats \ 1 reply \ @SilentHash 15h
This kind of crash just confirms what many already know—most altcoins have no real demand. Market makers can’t fake organic interest forever. Bitcoin doesn’t need gimmicks to survive, but the rest? They vanish when the music stops.
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35 sats \ 0 replies \ @spiderman 14h
I see it as a Darwinism of coins (money), and really glad that it is playing out after being overdue since 1971.
Let everything get in the mix-Bitcoin, physical gold bullions, new era shitcoins, to old era shitcoins (Turkish Lira, Indian Rupee or whatever), to mighty Pound, Euro or Dollar. The best form of money emerges from the chaos!
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2 sats \ 1 reply \ @Undisciplined 16h
Neodymium Boogaloo
Nice
How many shitcoiners will realize they should store their wealth in something with a real use case and actual demand?
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0 sats \ 0 replies \ @Solomonsatoshi 12h
What like rare earths, or governments that prioritise their nations wealth, security and prosperity rather than their own families crony capitalist shitcoin meme coin issuance ventures???
I refer in case you missed it ~ to POTUS DONALD TRUMP and his market rigging rentseeking grandstanding undermining of US economy.
Someone shorted Bitcoin 30 minutes before Trump again threatened to impose 100% tariffs on China.
Trumps hollow man bluff and bluster INSIDE TRADER BS strikes again.
TACOs all around!
Trumps shameless reckless abuse of power inside trading making the US Empire the laughing stock and pity of the world.
He still needs to get on his knees and BEG for China to resume rare earths exports for the US military industrial complex...or... else, it will...collapse.
Government is a crucial factor in the wealth of nations.
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0 sats \ 2 replies \ @Solomonsatoshi 9h
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0 sats \ 1 reply \ @denlillaapan OP 5h
Very nice coins, sir
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0 sats \ 0 replies \ @Solomonsatoshi 3h
Bow down and praise your emperor. Behold the new Caesar, leading the empire into decline...
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