One day we'll look back and recognize ALL of this ... crypto, 0DTE options, prediction markets, levered ETFs, etc ... as increasingly infectious gain-of-function variants of a semantic virus no less dangerous than Covid.
Trump gave pretty good summary of it in Jan-2025:
"It's time for the US to return to the system that made us richer & more powerful than ever before…1870-1913…Instead of taxing our citizens to enrich foreign nations, we should be taxing foreign nations to enrich our citizens."
The dot-com bust happened because companies could pull the plug. Nobody can afford to this time... the race for intelligence doesnt allow it.
Latest Journeyman is solo, on why this ends up a super cycle, not a repeat. As ever, please enjoy!
We haven’t been this excited about marbles since we were kids. Let’s marble battle.
Big Marble by Steven Wolpe on Spectacles brings the playground classic into AR with evolving music, dynamic levels, and real physics.
7 levels are now live. More features are coming soon! Join the conversation and see the creator’s process on Reddit: https://t.co/dcux0qVwRb