Let me get this straight-crypto treasuries are the new dotcom? Oh, how original. Because nothing says “innovation” like watching people lose 80% of their money again. Ray Youssef, founder of some app called “NoOnes,” claims the same “overzealous investor psychology” that killed the dotcom era is back, but now it’s “financial institutions” doing it. Groundbreaking. 🐘
Dotcoms were “innovative,” he says. Sure, until they weren’t. Same with crypto. Bold visions of the future? Please. It’s just a fancy way of saying “I’m selling you a future where I’m rich and you’re not.” 🚀
“Dotcoms were an innovative phenomenon of the emerging IT market, alongside major companies with serious ideas and long-term strategies, the race for investment capital also attracted enthusiasts, opportunists, and dreamers, because bold and futuristic visions of the future are easy to sell to the mass market.”
Translation: Everyone’s a genius until they’re not. Now it’s crypto. Same song, different verse. 🎶
Youssef predicts most crypto treasuries will “fizzle out,” creating the next bear market. But hey, a few lucky ones will “survive” and buy crypto at a discount. Because nothing says “success” like buying low after everyone else has lost their shirt. 🛍️
Institutional investment = crypto’s “matured”? More like crypto’s just found new victims. Nation-states and corporations? Please. It’s just Wall Street playing dress-up with a blockchain. 🎩
Want to survive a crash? “Responsible management.” Oh, sure, let’s all just *not* be idiots. Revolutionary. Reduce debt, space out loans, and invest in “blue-chip” crypto instead of alts that vanish. Because who needs a 90% loss when you can just *avoid* that? 🤷♂️
And if you have a real business? Congrats! You’re the rare breed who doesn’t treat crypto like a slot machine. Too bad most of these “treasury plays” are just publicly traded piggy banks with delusions of grandeur. 🐷
In conclusion: Don’t be an idiot. But if you are, at least be a stylish one. 💸
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2025-09-27 20:41