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Re:Coinbase lays off around 1,100 employees by JumpCrisscross on Tuesday June 14, 2022 @02:09PM (#31743485)
> struggling to find a good analogy to these crypto boom/bust cycles

Casinos. Seriously [1].

[1] https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.13.3.173

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