this post was submitted on 01 Aug 2024
2233 points (99.0% liked)
Technology
59652 readers
4559 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's more of a macroeconomic issue. There's too much investor money chasing too few good investments. Until our laws stop favoring the investor class, we're going to keep getting more and more of these bubbles, regardless of what they are for
Yeah it's just investment profit chasing from larger and larger bank accounts.
I'm waiting for one of these bubble pops to do lasting damage but with the amount of protections for specifically them and that money that can't be afforded to be "lost" means it's just everyone else that has to eat dirt.