The original post: /r/cryptocurrency by /u/NarrowBike2259 on 2025-03-13 18:02:10.
I saw the news earlier today, about the literal corruption thats going on by “The government of the Free World”, and I have to say I’m really disappointed at. At one point all my money was on BNB, so you might think I’d be excited about what just happened earlier today, but hell no, it just sets such a bad precedent for not just the US, but also the rest of the world, and what just happened is literally corruption in broad daylight, he’s using his position as president to take advantage of this fuckery, insane, just insane, and big shame for his administration and crypto institutions for selling out at the cost of literally everybody.
It’s never about the technology, it’s all about the money, and that’s pretty much what this entire sub cares about, nobody gives a shit about the “technology”, its all about dumping it to the next person, I’m glad I sold a majority of my coins back in November, and the sentiment at the time was that I’ll be missing out, look now, when has a politician who just so happens to be a billionaire who prolly doesn’t give a shit about his employees; ever upheld to their promises? Exactly.
The fact that the crypto community is such a shithole right now is also insane, especially when you look at the core libertarian principles of crypto, crypto wasn’t supposed to be about “PUMP MY COIN *with a bunch of rocket emojis*”, this whole thing started cuz of the shitty regulation in the financial markets, where banks can do fuck shit and still getting bailed out WITH TAXPAYER MONEY, these banks literally use YOUR money to fuck people over, and when they get fucked, someway somehow they get bailed out, WITH YOUR MONEY.
The point of crypto was to not have a central authority have control over any monetary policy, but have it be controlled by the people, which now just seems so far fetched and dystopian. Crypto ended up becoming the thing it swore to destroy.
Anyways, this could be a bottom indicator, fear and greed index went back to 20, which usually signals a local bottom, but with prices being this high, I’m just not sure things will play out the same way it did 4 years ago, maybe it could, maybe it won’t, nobody knows shit about fuck.
And I’m way too pissed about what’s going on right now to even do a TL;DR, just use some LLM service to make one out for you.