This article has been translated from English to Gen Z Slang.
Yo, in the last episode, we vibed with cryptos and figured out why they're not your grandma's old-school money. 🤑
Apart from being this lit digital cash to cop stuff, cryptos are leveled up in the game as hype-worthy investments peeps either flip or hodl in.
The old-school money crew (“TradFi”) ain’t really sure if crypto deserves a spot in the “real asset” hall of fame yet.
People be like, "Can't price these things, cuz no profits or payouts," but like, gold doesn't have those either and it's still poppin', right?
I’m on the team that rolls with cryptos as a legit asset. Honestly, I see them as this whole new vibe of asset—for now, very YOLO-ish, though.
Even the big boss, Jerome Powell from the Fed, said, "Bitcoin’s just a blingy gamble like gold, but all zeros and ones, fam."
Asset peeps know their stuff 'bout groups like stocks, bonds, shiny things (aka commodities), cribs, and cash (fiat moneyz).
And now there's…crypto! 😎
Crypto is the freshest, dopest asset class that hit the scene in forever. 🤯
No, they ain't just for flexing, like paying for burgers or something. People mostly use them to play the trading game or just sit comfy with hopes they shoot to the moon.
Similar vibe with the forex jungle, where old-school money gets juggled, now peeps are dabbling in the crypto jungle, hustling to stack their bands with digital swag.But real talk, while FOREX chills five and a half days a week, the crypto game is like: always on, never sleeps. It’s a 24/7 no-chill zone!
Players make quick moves (“betting”) on market vibes, while HODLers sit back, banking on their picks blowing up long-term.
Having crypto in your stash boosts your alpha. Veteran crypto heads even stack passive coins with smart plays.
Calling cryptos 'financial snacks' ain't wrong. That’s why they're labeled “digital goodies” or “bit-nuggets”.
Crypto Fam Examples
First on the block, we got Bitcoin: the OG and still numero uno.
But there's a whole crew too, like Ether, XRP, Cardano, Solana, Dogecoin (woof-woof), Polkadot, Litecoin, Cosmos, and the gang goes on.
Some tryna be like Bitcoin; others are on another vibe, with fancy tech or funky twists. 🚀
Calling these things “cryptocurrencies” is kinda sus, cuz tbh, most ain't doing the currency thing like Bitcoin does.
Today, you've got KAJILLIONS of these digi-coins, each trying to flex new tricks, hype up older ones, or even serve new ICY HOT reasons.
Sadly, a bunch are like totally useless or worse—a one-way street to getting duped, and somehow, peeps still buy into 'em.
Too many gullible wannabe moon boys hear about “This coin will not only change Earth but the ENTIRE GALAXY! Bang bang!”
They think: “I gotta snag this Galaticoin before it blasts off!”
They cop the janky coin, throwing moolah into the void without knowing a darn thing about it.
The coin ends up like dogecoin memes with no dogs—worth absolutely nada.
Too many peeps diving headfirst into the crypto tide with the wrong mindset, thinking it’s an easy stack—money trees in their backyard or something.
With this wild approach, no shocker that shady dealers or hype beasts see today’s crypto scene like how a tiger sees a forest full of wounded bambis. Pure feast. 🦌
Nom-nom tasty ops.
Don't get played like a limpin' deer.
That’s my vibe—
“I ain't letting you become a goofy deer.”
Wondering who’s holding ya back?