Tristan Harward on Nostr: Bitcoin is like a big emperor's new clothes moment for the stock market; it's this ...

Bitcoin is like a big emperor's new clothes moment for the stock market; it's this thing that's literally useless that everyone has somehow agreed has value, and for some reason it goes up and up.

Meanwhile people talk about stocks and pretend that their fundamentals have everything to do with the valuation, as though it's all not just one big casino game with people putting bets down and other people and oh yeah computer algorithms parroting them.

It's all meaningless.