1) crypto: raise funding, buy crypto as collateral, raise more funding with said collateral, rinse and repeat.
2) gpu datacenters: raise funding, buy gpus as collateral, raise more funding, buy more gpus, rinse and repeat.
3) zero day options: average folks want a daily lottery thrill. rinse and repeat.
All of the above are fed by fomo and to some extent hype, and ripe for a reckoning.
1) crypto: raise funding, buy crypto as collateral, raise more funding with said collateral, rinse and repeat.
2) gpu datacenters: raise funding, buy gpus as collateral, raise more funding, buy more gpus, rinse and repeat.
3) zero day options: average folks want a daily lottery thrill. rinse and repeat.
All of the above are fed by fomo and to some extent hype, and ripe for a reckoning.