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used the narrative to extract tons of money by FOMO-ing in investors and consumers alike.
Ah, yes. This much seems clear to me. I'm just surprised by how many smart people fall for it. Do they all have exposure I didn't know about?
Do they all have exposure I didn't know about?
No. It's more like the Stanford Prison Experiment (I was reminded of this by @DarthCoin's vid share (#1230215))
People are easy to manipulate if you put them in a cult or a hard situation where they have to face the majority. You have to be really, really grounded to not give in, especially since, when it's you against the majority, statistics will tell you that the lowest odds are yours.
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