• Aceticon@lemmy.world
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    3 months ago

    Seeing the whole thing as Knowingly Trading in Hype is actually a really good insight.

    Certainly it neatly explains a lot.

    • rottingleaf@lemmy.world
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      3 months ago

      Also called a Ponzi scheme, where every participant knows it’s a scam, but hopes to find some more fools before it crashes and leave with positive balance.