The bubble isn’t just the thing itself, its all the services and infrastructure that built up around it. Crypto doesn’t have to be awful, its just a tool, a ledger. But it exists in its current form because of what it creates, what kind of economic activity it stimulates. My point is that all the grifty ass economic hype activity around crypto just moved to AI

But I do appreciate the clarification, it gives me a chance to refine my perspective

The crypto bubble is the ai bubble. AI was the answer to “what are we going to do with all these chips and servers now that crypto crashed?”

“Disco Elysium is perfect but also a complete shit show” is becoming its own genre of journalism.

Own a fuck load of property, don’t pay taxes, keep attracting new people to pay into the group, convince existing members to pay more, maybe scare the feds a little so theyre forced to try cooptation rather than direct suppression