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by jesusthatsgreat 2028 days ago
Same could be said about the stock market. Lots of companies aren't in profit and would die without the ability to dump shares and without speculators (and indeed the government itself - the ultimate speculator) propping it all up. Many of them die anyway, sometimes right after raising fresh capital from suckers who believed in their vision.

We've been here before in tech with the dotcom bubble. Lots of noise, nonsense and white elephants. Most projects will crash and burn, some will go on to change our daily lives.