Crypto Crash => Fewer Geomaxers

[NomadicHedgie]

I've noticed that passport bros seem to hold a disproportionately large share of their wealth in cryptocurrencies. In other words, many of the passport bros I meet are heavily concentrated in crypto.
If the crypto bubble is indeed deflating—as it appears may be happening now—this could reduce competition for the rest of us geo-maxers who deliberately avoided heavy exposure to crypto.
We’ll see whether this hypothesis plays out.

 

[14passport]

i dont think it will make much of a difference

for every passportbro with crypto there's a 100 boomers that got rich on the stock market, and can now FIRE in SEA