Billionaire investor Stanley Druckenmiller, founder of hedge fund Duquesne Capital, recently said that “Our central case is a hard landing by the end of 23. I will be stunned if we don’t have a recession in ’23.” Even if a catastrophic recession somehow doesn’t hit the world, high inflation, soaring commodity costs, and plummeting currency values worldwide will...
Axie Infinity is a pyramid scheme collapsing. That's a Ponzi in the collapse phase. Their Smooth Love Potion token is down 90% and in a screaming dive, and their Axie token is down more than 90% from peak. That one is going to hurt a lot of poor people in the Philippines. Many quit their jobs to play Axie's play-to-earn game. All the money comes from later...
It's not about cash flow; it's crypto flow – CZ BSC centralized
Every ponzi goes to zero moon or later. $Luna is going to zero. Check 2018 charts. Every ponzi can dump it to zero. Check $ADA chart of 2017-2018-2019-2020 $LUNA