Crypto Glut

ChatGBT, how many cryptocurrencies are there?

"As of November 2023, there were over 2.4 million cryptocurrencies"

Like I said in December:

"Political expediency is the weakest link of any monetary system"

Look at the past month:
Official Trump memecoin
Official Melania memecoin, now underwater 60% from the open.
Official Trump pastor memecoin
Official John McAfee memecoin

We need at least a Biden's dog Major coin and Kamala Glock coin!

This is exactly what the Tulip Bulb bubble looked like:

"During the "Tulip Bulb Bubble," there were 
hundreds of variations of tulip bulbs, with 
estimates ranging from several dozen to over 
a thousand different varieties, each with 
unique color patterns and markings, with 
some particularly prized for their rarity 
and unusual appearance"

Crypto fanatics might quickly point out the difference between a meme coin and monetary coin but most people won't grasp the difference. Trump's ban on Central bank digital currencies is gonna make it a little difficult for Blackrock to follow through on their likely plan of converting Bitcoin to a centralized currency.

Oh, well.