Oct. 6, 2022: Fact Checkers Report! ✅🤥
Misleading claims about digital currency circulate online
Boomers may recall when markets used to go up. We all thought we were geniuses, and we hardened our core beliefs about crypto.
These days, with most of crypto Twitter lamenting their life choices, it’s a useful time to re-examine our priors. How are all of the most precious narratives we internalized holding up?
Today we LARP as fact checkers, the modern day founts of pristine truth, and wrestle with our preconceptions. Here’s the summary of what our unbiased fact checkers concluded about some of our favorite narratives about crypto:
Cryptocurrency as Inflation Hedge: Inconclusive
Cryptocurrency as Uncorrelated Asset: Partly True
Ethereum Will Decouple from Bitcoin on The Merge: Mostly False
Cryptocurrencies Support Permissionless Access: liar liar Pinocchio pants on fire