Wall Street Silver

@WallStreetSilv ↗

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Last Checked Nov. 18, 2022

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Mon Nov 14 15:55:25 +0000 2022

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Wall Street Silver @WallStreetSilv

Where are the profits, cash flows, earnings supposed to come from? Crypto exchanges only work as long as a steady flow of new capital is entering the crypto world to gamble. As Capital is drying up now, crypto exchanges are dying. Even Binance will die. — PolitiTweet.org

Posted Nov. 14, 2022

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Wall Street Silver @WallStreetSilv

At the end of the day, there is no profitable business model for 99.9% of these crypto “projects”. Creating tokens that gamblers bet on going up or down … Exchanges gradually taking fees in a negative sum game. Eventually this fails. — PolitiTweet.org

Posted Nov. 14, 2022

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Wall Street Silver @WallStreetSilv

Simple question ... what is the business model for these "projects" ? Other than trading ... what is the business model for these crypto "projects" to exist long term? Is there really a future for 10,000+ crypto coins? Maybe the market can only support 10 crypto coins? https://t.co/XbstjJAVPT — PolitiTweet.org

Posted Nov. 14, 2022