remember when mainstream news outlets published a bunch of incredibly irresponsible articles about how rich people were getting off crypto, and then people bought in and got wrecked over the two years of "crypto winter" that followed?

anyway here's a WSJ headline i just saw: "Young Men Are Making Risky Bets on Crypto and Politics—and Raking It In Right Now"

https://www.wsj.com/finance/investing/young-men-investing-bitcoin-stocks-sports-betting-1d44cf8c?st=jxsVqM

#crypto #cryptocurrency

@molly0xfff It’s doubly nuts because they used a 40% bond allocation baseline. A responsible viz would peg it against a broad market index, and you’d see the gains aren’t as pronounced.