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Stock Markets and Crypto Markets are the Same

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@nealmcspadden
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This is a drum I've been beating for a long time. Crypto markets are high beta proxies to the stonks.

It's particularly relevant today because I thought about how it is important to realize the flip side of that.

As tradfi accuses crypto of being a pump and dump vehicle for scams (which has some truth to it, see my get rich quick posts recently), the exact same is true for their precious stock markets.

S&P 500:

NASDAQ 100:

BTC:

Even HIVE:

It's all the same nonsense driven by bot trading with fake derivatives.

Someday, people will start using crypto natively instead of as a speculative asset.

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