💫💛✨　　 💫💛✨ ✨　　 💫　✨　　 💫 💫 you are 💛　 　✨ my world 💫 　　💛 💛 　　　 ✨　 💫 　 　 　💛

By far the most vicious selling I’ve seen in Crypto, feels forced, indiscriminate. Few theories: - Secret Sovereign dumping $10B+ (Saudi/UAE/Russia/China) - Exchange blowup, or Exchange that had tens of billions of dollars of Bitcoin on the balance sheet forced to sell for whatever reason - Large Deca/CentiBillioniare family facing liquidity crunch (Ellison/Oracle?) - Hidden leverage in the IBIT ETF, people could borrow against an asset for the first time from GSIBs and potentially over extended themselves significantly

I think there's a fundamental difference between "speculation backed by speculation" and "speculation backed by feedback from some high-quality signal (ideally, reality itself) on reasonably short time periods". Ponzis are the former, and if you make something that is the former, then yeah, it's a ponzi. If you make something that is the latter, then to a first approximation, you have some hope of instead getting the benefits of a stock market. What I'm advocating is more like "ISAs for creators" than it is like creator coins as they have been done so far. The ultimate buyer that backs the mechanism is NOT greater fool theory of even more token buyers, rather it's creator DAOs collective-bargaining for other forms of revenue (eg. they could make their own subscription platform, or they could organize in-person events, etc etc)

@KennethBosak @MintableApp @josiebellini @artbyvesa @NanuBerks @money_alotta @coin_artist Thanks for thinking of me but no thanks.. I don’t mess around with NFTs. But @MintableApp frankly artists shouldn’t be asked to do free work. This is something that would add value to your platform not just a fun xmas thing even if that’s was your intention. Pay artists.