I'm glad @smdiehl has been talking about the massive pyramid scheme in post-communist Albania, because it has useful parallels to the present. You had a population distrustful of government, a total regulatory failure, and a sense that "this is too big to be a scam" all at oncehttps://twitter.com/smdiehl/status/1398575817739939845 …
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All the decentralized money tech is innovation cosplay. It's meant to look like a thing that has repeatedly made people rich—an infant technology that will change the world, the next wave of the computer revolution. This mimicry attracts money, which is then held up as proof
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