Chris Sacca Praises Meme-stocks and NFTs, Here Are His Top Tweets This Year

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4. “It’s fun to read about home traders making bank. 20 yrs ago, I was one of you. Today I’m here to tell you: *Don’t trade with money you don’t own.* I know because I did that. I kited my student loans, YOLO’d them to $12m, and then, in an f’ing blink, I woke up $4m in debt.” (January 28, 2021)

5. “Debt has no fucks to give when the price collapses. Debt doesn’t care who gets the last chair when the music stops. Debt haunts, lingers, & binds. Debt doesn’t care about your green paper gainz screenshot, because two weeks later it sees the all-red screen that you never post.” (January 28, 2021)

6. “I have axes to grind against a lot of the guys you’re wrecking, and I love to hear about real people stacking chips. But, please, from someone who has been there and knows the hopelessness and depression ahead: Don’t trade what you can’t afford to lose.” (January 28, 2021)

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7. “I get what’s going on with NFTs. Very cool and I am a collector at heart. But I have a feeling this is going to be the tech that finally turns me into the ‘Yeah, but I only listen on vinyl’ guy.” – Sacca added that he doesn’t believe NFTs are in a bubble. (February 21, 2021)

8. “Wow. @beeple. $69m for a purely digital work. No matter how you feel about NFTs, don’t look away from this. It’s okay to not get why someone would pay that, and it’s okay to be bummed about the climate impact. But don’t be willfully ignorant about what’s happening.” – (March 11, 2021)