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Is Crypto Finally Dead?
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this post was submitted on 19 Jun 2023
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Technology
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I think the bubble has certainly burst. COVID resulted in loads of new consumer investers, and the visibility of crypto had never been higher. Exchanges were being advertised by major celebrities on Superbowl ads!
Then the market crashed, and all those investers realised what a mistake they'd made. I don't think it's a mistake many will make twice.
It was such a bizarre time, with major governments talking about minting their own NFTs or even their own digital currencies. That all seems to have quietly gone away now, thankfully.