Welcome to this week’s edition of Myth of Money, a weekly newsletter on the digital asset markets read by 12,000+ investors. Disclaimer: The following is not intended as investment advice. Do your research. Dear Investors, ‘Crypto Twitter’ is a scary place this week with talks of a crypto contagion. The primary fear among investors is that the entire centralized cryptosystem was built on a house of cards, or better yet, a house of unsustainable leverage. Not too dissimilar from the traditional financial system many of us hold in a slightly ‘higher’ regard. But as I always said, crypto is just a caricature of real life. It doesn’t create new problems, it just sheds light on problems that have long existed within human psychology, inefficient government, and corrupt financial institutions across ALL asset classes.
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I learned of you through a friend who shares a meditation interest with me. I'm enjoying your content. I'm a very early investor in the company behind unicoin.com. It may interest you for being asset backed by private equity investments it earns for featuring companies on their show, Unicorn Hunters. Also. I'd like to gift you 100 unicoins through their promotion now going on for the holidays.
Best. Todd@planetearth.com
So what do you think? Is this a good culling of the fat or bad?