The Cryptos - Remember How They Crowed to Us Dinos About Their Wealth ...

 Today, bitcoin closed at $21,685.02, documents The Wall Street Journal. But earlier in the day it was coasting down to the $20,000 layers of loser hell. Since its peak at $67,802.30 in November 2021, the market value is down 68%.

Of course, in financial (as well as legal) trouble are the Winklevoss Twins. Their Gemini empire is laying off and there is no projection of things getting back any time soon.

So here we dinos are. Not that we are doing so hot in our stocks and bonds. But if we had diversified we likely didn't already lose and probably won't lose so much as the crypto crowd. How they gushed about their ability to build wealth quickly in the blockchain economy. I had done some video scripting for them. Like the Silicon Valley tribes they had their own language. And their own snobbery. 

Will that digital asset niche return? If it does it will be highly regulated. The demand for that from investors who have been hit so hard will bombard all branches of federal government. 

Reflection: Will those who assume they have discovered a new mode of wealth creation learn not to crow? 

Connect with Editor-in-Chief Jane Genova janegenova374@gmail.com. Conjure up magical results in your communications.

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