Rap Star Snoop Dogg Believes Crypto Industry Will Bounce Back — Crash 'Weeded’ Out Bad Apples – Bitcoin News

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Snoop said that he feels like the crypto crash “‘weeded’ out all of the people” that were not supposed to be in the space in the first place.

Snoop Dogg thinks the current crypto crash is temporary and in time he believes the ecosystem will bounce back. Speaking with CNBC on Tuesday, the hip-hop recording artistWhile talking about NFTs, Snoop said that what drew him toward the digital collectibles space was the intellectual property ideas and “being able to own and control the whole IP and not be used as a face or marketing tool … but to actually be the owner, the CEO.

“It’s crypto… It’s crypto, you know that right?” Snoop jokingly asked the CNBC reporter. “I feel like it was a beautiful industry that was created. I feel like every great industry has a downfall, there’s always a depression in every industry you could look at. Alcohol, tobacco, clothing, and food,” the rapper added.

I just feel like this ‘weeded’ out all of the people that wasn’t supposed to be in that space and all the people who were abusing the opportunities that were there. Now its going to bring great business, and moving forward the market will have great things to pick and choose from.

 

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He's absolutely right about that. I have the same opinion on the subject

Sometimes panic gets the best of us

Pure trash don’t buy will go lower FACT

yup 👍 we got rid of the people who like to buy $BTC at 69k but hate it at $20k 😂

Fuck snoop dipshit!

I can agree with that! Right people will stay with crypto.

I wonder what he would think of this I think it's great

Bow wow wow yuppie yeah!! Now back to serious biiiiz 🐃

He is probably right!

Gosh that's good to know 🤔

Why you are still here then?

The key word there was Weeded :)

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Snoop Dogg: Crypto Winter 'Weeded out' Unnecessary Market Participants'When the market comes back, there will only be great things to pick and choose from,' Snoop Dogg asserted.
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