🃏 It feels like we’re seeing more and more speculation, day trading, and general “degen” behavior (whether or not it involves crypto). And it looks like this is being driven by a jobs market that is getting tougher and tougher.
“Speculation society” or “casino culture” comes from the fear that hard work alone won’t get you ahead. Some chase the elusive 1,000x coin, others upskill and look for new opportunities, while a few keep stacking value slowly and methodically.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🃏 It feels like we’re seeing more and more speculation, day trading, and general “degen” behavior (whether or not it involves crypto). And it looks like this is being driven by a jobs market that is getting tougher and tougher.
“Speculation society” or “casino culture” comes from the fear that hard work alone won’t get you ahead. Some chase the elusive 1,000x coin, others upskill and look for new opportunities, while a few keep stacking value slowly and methodically.