Chasing the dragon.
It’s a cool sounding phrase, with bad connotations.
It’s usually used in relation to addicts, and their endless hunt for the blissful high that lasts a lifetime.
That high, of course, doesn’t exist. And eventually the dragon will destroy you.
The idea is applicable to a lot of things, especially crypto.
Because in crypto, chasing the dragon could make you insanely wealthy.
And, for many people, being insanely wealthy is the blissful high that lasts a lifetime.
Or at least, they believe it would be.
Of course, crypto isn’t really about money. It’s about decentralisation, democracy, and making the world a better place.
And it achieves decentralisation, democracy and making the world a better place by placing a monetary value on every single action and interaction.
Oh. I guess maybe it is all about money after all.
For the last year or so, a big chunk of that money has been flowing into Non-Fungible Tokens (NFTs).
Become a premium member to read the rest of this article
As a premium member, you’ll get access to all our deep dives, features and guides, as well as our premium newsletter.Subscribe
Already have an account? Log in