

Isn’t this a stupid attitude?
Wasn’t the dot-com bubble anything other than people showing the internet in your face and how it’s a game changer 24/7.
We are simply at the peak of the initial hype curve of the Gartner hype cycle, the bubble will burst soonish and lots of companies go bankrupt, then real use cases will emerge where it’s actually revolutionary.
I don’t know which youtuber but one had a good video about it, at some point in the past, all hype was around drones and delivering stuff to your front yard, turned out that was stupid yet those things found their niche, e.g. some medicine deliveries to remote location in Africa and AED devices that can fly out to people.






Because it’s more likely that he got lucky once and his short position was strong enough that he could keep paying the premiums than it is that he is some super genius who knew something noone else knew