For the first time, US residents can invest in memecoins through traditional brokerages. Trading will only get stranger from here.

For the first time, US residents can now invest in memecoins through traditional brokerages. Trading will only get stranger from here.

  • fartographer@lemmy.worldEnglish
    12·
    3 days ago

    FINALLY! I recently started understanding more about stocks and investing, and what Memecoins are going to bring to the table is the removal of things making sense.

    • Echo Dot@feddit.ukEnglish
      61·
      2 days ago

      To be fair yuppies and crypto bros are basically the same people. The stock market was only ever marginally less stupid. It’s only saving grace was it was somewhat regulated, albeit with a fair amount of corruption.

    • MonkderVierte@lemmy.zipEnglish
      2·
      2 days ago

      Look. Human is a smart ape, not a logical decision machine.
      And understanding topics indepth is exhausting and needs time, so a lot of influential or rich people make decisions based on mood or half-truths. Because of which, a lot more less important or rich people do the same (because ape brain thinks of such people as more trustworthy).
      Which is why things like Hypes happen, and in stock market too.

      So in short, it never made really sense. It’s all Hype.