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> It's normal, you give people money and they worship you. You earn yourself that money by successfully making a prediction. By the same token when you win a p
by McLaren_Ferrari 4y ago
> It's normal, you give people money and they worship you.
You earn yourself that money by successfully making a prediction. By the same token when you win a poker game in Vegas you don't worship Steve Wynn for providing you the casino and a table. You gave yourself that money.
> Think of the "cult" of Steve Jobs linked to Apple gains.
Apple stock gains came as the product was becoming ubiquitous among the populace, matter of fact it slightly trailed the virality of the product. Same goes for Google, Microsoft, Oracle, Facebook etc.
That is the normal financial trajectory of a company, which differs from a socio-religious movement such as crypto, TSLA, a political candidate etc. Those are all based on promises about the future and getting people galvanized without ever delivering any actual product improving people's quality of life on a scale comparable to the promises made.
> This is nothing new. It's also not a real cult, it's more as admiring successful entrepreneurs.
This is exactly what gets people burned when the socio-religious movement implodes and they fail to jettison themselves. Don't admire, limit yourself to gauge the level of admiration that other people have for the guy and try predicting if it will expand or contract. That's an indicator of the health of the socio-religious movement so that you know when to jettison yourself.