Something to note about this craze and Crypto is that the world is full of bozos who do not think deeply whatsoever.
- Greed is blinding even to intelligent people, especially greedy people in groups
- Society is incredibly vulnerable to lying, we mostly rely on the disincentive that people usually feel bad about it, but the ones who don’t can get away with anything.
- There’s really only a subtle difference between many successful startups and Ponzi schemes. Sam Altman’s grift is only one level more sophisticated than SBF or Elizabeth Holmes
They don’t care about the wake of destruction, and likely believe that it is virtuous to bring it on.
Edit: lol at the downvotes. You're just proving my point, goons.
I just wished the bozos actually replied to the post instead of hiding behind a button.