Re:What software engineers can learn from the rapid collapse...
by nailer on Friday April 08, 2022 @09:50AM
(#30956735)
Beanie babies aren’t scarce and can only be produced by a single company.
Re:What software engineers can learn from the rapid collapse...
by tomatowurst on Friday April 08, 2022 @11:55AM
(#30958825)
neither is right clicking on a jpeg and saving it
Remember beanie babies? We call them NFTs today.
Remember HYIP and e-gold? We call them cryptocurrencies now.
The point is that crowd behavior, especially markets driven by envy & greed, lead to the same outcome. every. single. time.
this is why guys like Warren Buffett and Charlie Munger keep making money.