this post was submitted on 06 Nov 2026
126 points (98.5% liked)
Funny
16685 readers
754 users here now
General rules:
- Be kind.
- All posts must make an attempt to be funny.
- Obey the general sh.itjust.works instance rules.
- No politics or political figures. There are plenty of other politics communities to choose from.
- Don't post anything grotesque or potentially illegal. Examples include pornography, gore, animal cruelty, inappropriate jokes involving kids, etc.
Exceptions may be made at the discretion of the mods.
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This just shows how dumb our entire world is .... that a single man could win or lose so much imaginary money in a single moment, just because enough of us collectively willed it.
It's another example of why I see modern finances, stock markets and ultra wealth as just our modern day religion.
It's like ancient civilizations ... Babylonians, Sumarians, Egyptians ... we look back at their cultures and see them as backwards for believing in sun gods, god kings and divine entitlements
We're doing the same thing, we just call it the 'stock markets', 'investments', 'corporations' ... and it all only exists because enough of us believe in it. And just like the ancient cultures, if enough people stop believing in it .... then it means nothing and it loses all its power.
Even a lot of actual money is just imaginary numbers on a computer somewhere, not actually represented even by physical currency -- bills and coins -- anywhere. Not even silly little slips of paper, just numbers on a computer.