Litquidity and Crypto

It’s kinda hilarious that Litquidity went from pumping crypto as the next big thing to now laughing about how stupid crypto investors are.

Post mocking crypto as the ‘future of money’ today on insta. And they were unironically shilling crypto as the future of finance on their podcast not even a year ago

 

Isn't that the justification of every other influencer who pumped crypto? At least those people stuck with their beliefs while Litquidity just seems spineless

Used to love the page but the guys running Litquidity seem to be selling out left and right for the money and fame, and they're drunk on their own power with all the self promotion

 

So, Litquidity is a 5'5 midget lol. Lost all my respect then and there.

 

I could only listen to one episode of their podcast, and mostly skimmed through it. I remember they were bragging that their podcast had already “generated $1mil in revenue” but that $1mil in revenue was actually $1mil worth of equity in some crypto start up in exchange for ads.

Anyway, it’s tough being in the public eye. If ya’ll saw my investments down 30% since Feb you would laugh at me too. 
 

He prob should’ve stayed in finance and kept the meme page as a side gig. Finmeme is an ultra niche space - I don’t see how he grows it further 

 

In the run-up to the GFC, there were a number of early finance-themed comedy blogs/video creators who capitalized during the advent of Web 2.0 style social networking (Facebook + Youtube mainly). 

Here's one of the videos that is still pretty funny: 

;

All these guys are more or less gone - wiped out by fading interest when wall street went from "lets get paid" to "I hope I keep my job" in late 2008. 

In a bull market, wall street becomes cool (and everyone is a genius).  Happened in the 80s, late 90s, mid 00s and obviously recently. Friends who are not even close to wall street follow the Litquidity account and will joke about "DB hurr hurr". But these media ventures are some of the first casualties of a recession

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Then you have zerohedge which exploded in popularity during a recession (zerohedge makes a ton on money). 

Litquidity needs to become a doomsday finmeme page to weather this recession 

 

Correct me if I’m wrong here, but hasn’t Coinflex not crashed like the rest of crypto has? It seems to actually have some real world utility, unlike most of crypto.

 

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