this post was submitted on 13 Nov 2024
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Bitcoin hits record high as Trump vows to end crypto crackdown (arstechnica.com)
submitted 3 days ago by RmDebArc_5@sh.itjust.works to c/technology@lemmy.world
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[–] shortwavesurfer@lemmy.zip 2 points 3 days ago

Yep, I suspect at least some people to get hurt in the very near future, because a decently reliable gauge of FOMO is where is the Coinbase app in the App Store rankings, and it is increasing quite quickly. Back in 2022, before everything imploded, it hit number one on the App Store for a while. And it's headed right back that direction from what was like 400th place. I use Monero because it's actually being used as money and so has a bit more inelastic demand.