4 ms·
Sure, not an obvious connection but I see it :) In general, it seems like there are many people who see a problem - like with the financial system - but come u
by gilleain 3y ago
Sure, not an obvious connection but I see it :)
In general, it seems like there are many people who see a problem - like with the financial system - but come up with a solution that will never work. Crypto, for example seemed very promising for many up to the point it was clearly bad (for now?).
For meme stocks, there remain a core of people who are convinced (according to Olsen, and I believe him) that they have to hodl forever to change the world or get their reward. The problem (a self-serving, potentially corrupt financial system) may be real, but the solution (short-selling stock in a failing company) is definitely not.