Technology

But not all of them, just those who started the whole thing.

It's a working mechanism of cleaning the field of potential competition once a decade or two.

Let's admit it, normies investing don't have to know it's a bubble or a scam. They have right to expect to not be scammed, honestly. The scammers are those responsible for the scam. And the majority of those jumping on the hype train are scammed normies. They could be decent participants of the market were this hype shot down earlier. Instead they'll burn. And the big fish to be bailed out is actually interested in this happening - so that they were still around, but their competition were not. So those making the bubble will remain. A negative selection.

It honestly seems like a very slow power takeover, done by economic means. To concentrate such amounts of power, that when it becomes open, nobody can do anything. Then it'll be a game with different rules, for which those people might not be prepared well enough, let's hope Digital Heaven: Global Starvation, a sequel to the esteemed Khmer Rouge: Rice Fields Bitch, this time with smartphones, is not how it will happen.