a 2x overvaluation is a danger zone bc a correction greater than 50% creates "majority destruction" it becomes too big to fail and thus has to continue going up and up just like the extreme oversteering of a car out of control
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there's a similarity with identities as well. when an identity gets hit w/ a 51% attack, it cannot survive since it loses all its vitals an overleveraged identity similarly is vulnerable to these crasheshttps://twitter.com/a_yawning_cat/status/1371512789089480706?s=20 …
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once an idea is no longer rooted into reality, (feedback from reality can no longer trigger feelings of inferiority or wrongness) it "lets go of its earthly tether" and thus realizes its potential to go to the moonhttps://twitter.com/a_yawning_cat/status/1302153496498548736?s=20 …
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(though in practice it is often less enlightened flying monk and more kim jong un rocket)
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