The right way to think about GME is that it's a cryptocurrency that happens to have a stock ticker. The fact that it doesn't have to rely on cumbersome blockchain theater is a bonus
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People focus too much on the speculation element of cryptocurrency and not enough on the belief system and its emotional power. This stuff taps into the same deep roots as Qanon, a sense that the world is irretrievably broken and in the hands of a corrupt, all-seeing elite
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Also doesn’t help electricity generation firms
Thanks. Twitter will use this to make your timeline better. UndoUndo
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This is all true But Before the meme, before the mania, there was a legitimate investment thesis there. Which at least puts it above crypto
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The existence of an actual vestigial company attached to the ticker, with stores and people who have to go in to work every day to make financial plans and pay the water bill makes it even more funny
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Yes but how can I every day burn a whole town’s worth of electricity with GME or TSLA?
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Something something Texas
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GME IS GREEN CRYPTOCURRENCY