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I believe the GameStop stock cult was mostly created by Ryan Cohen, an entrepreneur with a substantial social media following. He bought the distressed stock a
by pavlov 3y ago
I believe the GameStop stock cult was mostly created by Ryan Cohen, an entrepreneur with a substantial social media following. He bought the distressed stock a few years ago and came up with the idea of transforming the retailer into some kind of next-generation game distributor.
The plan included hiring a bunch of expensive Amazon execs, selling NFTs, and other very 2021 boom-time ideas that don’t seem to be working out too well.
- PaulHoule 3y agoAs a Powerups Reward Pro member I received a completely incomprehensible email the other day that claimed I could get something (an NFT?) for free but when I clicked on the link I could see no sign of it, just offers to buy a handful of inscrutable products…. They certainly will sell you a metal plate that has some relationship with an NFT and it seems maybe you can get a T-Shirt with a picture of an NFT on it…. Maybe. Although I’m a crypto skeptic, YOShInOn shows me articles from Coindesk every day even though y’all will rarely vote for one if I post it to HN. I’m very aware of what is going on in the crypto world and if a marketing letter doesn’t make any sense to me it could only make sense to a handful of crypto bros.
- bbor 3y agoLol I appreciate the check-in, very much what I expected.