Comment on Internet picture of a monkey
BeardedGingerWonder@feddit.uk 10 months agoWasn’t it just money laundering for the most part?
Comment on Internet picture of a monkey
BeardedGingerWonder@feddit.uk 10 months agoWasn’t it just money laundering for the most part?
captain_aggravated@sh.itjust.works 10 months ago
and/or gambling that was shaped in such a way as to be difficult to prosecute.
merc@sh.itjust.works 10 months ago
Gambling / FOMO. The more informed people at least realized they were gambling. The less informed thought they were missing out on a big money-making scheme and that everybody else was getting rich except them.
captain_aggravated@sh.itjust.works 10 months ago
It is my understanding that’s how all speculation bubbles work. Same thing happened to beanie babies. “People are buying these because they’re going to be worth something someday…somehow; we better buy some too.”