You could be right. But from what I’ve read there’s a very small number of large owners who are almost certainly manipulating the market to enrich themselves wh

You could be right. But from what I’ve read there’s a very small number of large owners who are almost certainly manipulating the market to enrich themselves while the vast majority have such tiny stakes as to be utterly insignificant in the scheme of things. Once the botting and laundering is unachievable, there may not be much of a game left for these players and I think all it will take is one or two deciding the jig is up to tank the market permanently. I think the libertarian ideologues will probably keep holding even if the music stops, but that won’t be enough to sustain any of this growth. Read up on Spoofy and Picasso if you want to get a sense of some of the shenanigans going on here. This crescendo of growth is largely artificial, not even speculative in nature.