Or even themselves!

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Good to know a certain class of people would rather light $11 billion on fire for no reason than maybe fund something, anything, that could help a poor person

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So I guess they had a better week than North Korea but not much better

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Don't be naive. No one is falling for anything. Evil people know bubbles are great for wealth extraction. The fact that they're catastrophic in every other way is irrelevant. Every 7-10 years evil people find another "opportunity" and they CREATE a bubble. Avg people have no say in it.

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To be clear, yes, I apologize I worded it stupidly, there are cases with venture you do have formal valuations undergone with strict auditing. In tech, especially in hype cycles, you'll get people who jump on deals based on excel sheets at best to make sure they 'make it in' bsky.app/profile/supe...

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