Oh God...

https://cryptoslate.com/coinbase-launches-coin50-index-to-rival-sp-500-in-crypto-markets/

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And so it begins…

Shitcoins. Shitcoins everywhere.

The COIN50 currently weighs 50.3% of its distribution in Bitcoin (BTC), 27.5% in Ethereum (ETH), 6.4% in Solana (SOL), 3.1% in XRP, and 1.5% in Dogecoin (DOGE), while the remaining 45 coins are allocated only 11.2%.

This will be the new CBDC in 20yrs?

I'd rather just own my own bitcoin.