@briankrebs@infosec.exchange The amazing thing is: none of this is even slightly hidden. Everyone investing in it knows it's a bubble. None of his warnings are even slightly surprising to anyone who has been paying attention for the last two or three years. But that doesn't matter because you can make money in a bubble as long as you get out soon enough. I posted about this in another thread, but a lot of 'investors' are 'gambling with the house's money': They jumped in early. When things in the bubble doubled in value, or maybe a bit more, they cashed out their initial investment. After this point, there is no way that they can lose money. Maybe they invested $10 M in NVIDIA in early 2016 and sold $10 M of NVIDIA in late 2016, still holding $10 M. By 2024, it was an obvious bubble. If they sold half of their stock then, they'd be $350 M up. No matter what happens with the bubble, they've made $350 M in eight years with $10 M in seed capital. That's over a 45% average annual RoI. If the bubble continues to grow and they cash out at the right time, they may make another half billion or more, but if the bubble pops so badly that NVIDIA goes bankrupt, they still made $350 M. This is the opposite of the 'betting on the margin' that smaller investors do before catastrophic crashes (the Wall Street Crash in the 1920s and Korea last week), where you borrow against your existing investment and invest more based on that, but often both are happening at the same time and these are the people funding the big payouts to the former category.