The Flight Into Fake Values
We originally penned this in early January 2018—at the height of what was then considered a historic cryptocurrency mania—as part of a broader analysis that we later developed into the Sorcerer’s Apprentice in January 2021. We republish this excerpt today—almost exactly 7 years later—in honor of President-elect Trump’s official $TRUMP “meme coin”, which achieved a $32 billion market cap within hours of launch and generated $25 billion in paper wealth overnight for his organization…
Some meme investors are so smart and rich till the “Con Game” ends leaving a large percentage of these investing fools with nothing……..one can already see and hear that fat lady sing.