DUMB MONEYđ
Last night, I relaxed while watching "Dumb Money", a film based on the true story of how a group of everyday investors managed to shake up Wall Street by buying #GameStop shares.
It was a once in a lifetime event, but there are some key takeaways that we should all consider:
đ FISH vs SHARK
Watching the film reminded me how much we are like small fish swimming in a sea of sharks.
The reality is that big players largely control the market, and we need to acknowledge that dynamic.
This brings me to why Iâm so passionate about crypto and the power of decentralization.
đ COMMUNITY
A group of determined individuals managed to turn down an investment fund of Wall Strett !!!
Thatâs the power of a strong community, which shares similar motivations, much like the dynamics we see with memecoins.
Itâs the community that gives projects their power and value!
đ DECENTRALIZATION
Cryptocurrencies provide a decentralized, open-access system, free from the control of central institutions. Just like the GameStop investors, people in the crypto space are looking for ways to exit a system that often favors the largest players. Perhaps this is where finance is heading: away from big banks and toward empowered decentralized digital communities.
If you havenât seen "Dumb Money" yet, I highly recommend it. Itâs really well done and effectively represents the story!
#16thBTCWhitePaperAnniv #trading #theroaringkitty $BTC $DOGE $SOL #GOAT
