it a symptom of underlying economic issues. There is so much economic disparity between the top of the economy and the economic have nots. the 0.001% are runnin

it a symptom of underlying economic issues. There is so much economic disparity between the top of the economy and the economic have nots. the 0.001% are running out of places to put money. Money is being poured into iffy startups and new economic vehicles, crypto being at the intersection of those is particularly attractive to those with more money than they know what to do with. place like FTX WeWork and Theranos and more have millions thrown at them with little oversight or due diligence because why not they have to put money somewhere. bond interest rates have been historically low for years to the point where some governments were issuing negative interest rate bonds. If you have hundreds of millions and your alternative is to loose money twice over (once to interest rates and again to inflation) Why not throw it at long shot investments with potentially high returns, especially when you may be able to liquidate your shares before they companies crash.