Crypto currencies are not inherently speculative assets, that is the way in which they are being misused.
By your definition of speculative assets, fiat dollars are as well.
All stock markets are retarded as they incentivize a disconnect between a companies performance and behaviour from it's public image.
Companies should make money for having good products and services and for benefiting society, not because their stock is popular. The opposite is also true, good companies should never go public and risk losing everything in to a pump and dump.
Instead of the whole wallstreetbets thing, people should boycott all publically traded companies, and refuse to put money in traded accounts.
We all know who we're at war with here, we need not be hypocrites chasing fiat wealth.
We all know that any form of money is just a convenience tool, and decentralized crypto is barely any better than fiat dollars if we just chase speculative crypto wealth as well. There's no real world value in playing number games even trading crypto pairs on a DEX. That's just getting rid of the warden, but still living in the prison and enforcing the warden's rules on each other instead.
Crypto currencies are not inherently speculative assets, that is the way in which they are being misused.
By your definition of speculative assets, fiat dollars are as well.
All stock markets are retarded as they incentivize a disconnect between a companies performance and behaviour from it's public image.
Companies should make money for having good products and services and for benefiting society, not because their stock is popular. The opposite is also true, good companies should never go public and risk losing everything in to a pump and dump.
Instead of the whole wallstreetbets thing, people should boycott all publically traded companies, and refuse to put money in traded accounts.
We all know who we're at war with here, we need not be hypocrites chasing fiat wealth.
We all know that any form of money is just a convenience tool, and decentralized crypto is barely any better than fiat dollars if we just chase speculative crypto wealth as well. There's no real world value in playing number games even trading crypto pairs on a DEX. That's just getting rid of the warden, but still living in the prison and enforcing the warden's rules on each other instead.