This is a most excellent place for technology news and articles.
Yes, I do remember when Russia came up with a new money laundering scheme after crypto died out.
I'm just gonna plug The Great Crash 1929 by John Kenneth Galbraith. Really clear, funny, sarcastic writing that is highly relevant here. The kind of economics I wish there was a whole lot more of; the Samuelson program with its assumptions of rationality and perfect knowledge has been a disaster.
Free at
https://static.fnac-static.com/multimedia/PT/pdf/9780241468081.pdf
Mackay's Extraordinary Popular Delusions and the Madness of Crowds is also a great on-topic read:
https://www.gutenberg.org/files/24518/24518-h/24518-h.htm
The chapter about asset bubbles obviously, but there's also a chapter about the historical catchphrases of London that shows that circlejerk shitposting has always been part of humanity... Yesteryear's "What a perfectly dreadful hat" is today's Stroganoff.
What is today's Stroganoff? This is like the third time I've heard a reference to Stroganoff this week, but they don't seem connected, just like everyone's talking about Stroganoff all of a sudden.
Just a fad going around Lemmy right now. Like the beans, if you were here for that one.
My, what a perfectly dreadful hat.
Most of them have been worthless all the time but people like gambling.
There are only very few that hold real world value.
95% are worthless...so far
