Rambling about you not understanding the Bernies and Trumpers agreeing on something? Well yeah, you don't understand that. In the end, populism is populism and comes from the same frustrations, left or right or whatever. See Germany post WWI.
Duh.
I think most of these folks are just having fun playing a little side hustle. Remember when poker got really popular? Fvcking around day trading on Robinhood seems to be the new Texas Hold Em.
Poker used to be kinda seedy lol.
That said, I know a few serious crypto guys. My only real financial regret in life: not going all in on Bitcoin early. Do you know what the first financial transaction done with Bitcoin was? Buying a Papa Johns pizza...for 10k Bitcoin. Jesus Christ...I wish I had 10k Bitcoin today lol.
Who knows. Are the "laws" of economics changing? Maybe. Related, here is an article on a growing belief full employment no longer spurs inflation.
https://www.nytimes.com/2021/01/18/business/economy/full-unemployment-fiscal-policy.html
Could that be due to aging populations slowing growth/stagnating growth? Not enough fvcking going on?
I've always said there are long-term reasons immigration has been pretty much welcomed into the USA...one of those being keeping our fertility rate up high enough to grow economically. You are never going to POTUS go on TV and explain, "Well, those Mexicans have more babies and that's a good thing," but I am pretty sure that has been part of the thinking.