Alt(coin), Who Goes There?

I spent a fair amount of time walking through airports on Saturday, and almost every single advertisement I saw was about cryptocurrencies. I’m serious. Grayscale this, and Gemini that. I was reminded, naturally, of the year 2000, and all the SuperBowl ads for dot-com companies that would be bankrupt within a year. It’s the same now.

Today is supposed to be the “crypto bowl,“ with all the fat-with-cash firms pushing their junk on people, and I suspect most of them will be destroyed in due time. As I look at the alt-coin charts, all I can say is: this entire space is going to be battered for a long time.