T
Tom Goodwin
Co-Founder of ALL WE HAVE IS NOW
719334 followers
•
500+ connections
The GameStop share situation is a fascinating little story of the modern era. The stock has basically become a Cryptocurrency, held together entirely by belief and scarcity and removed from fundamentals. The stock represents the power of social media and tribalism, and the democratization of a once exclusive world. Tools like Coinbase or Robinhood are making investing fun and accessible, it's becoming the masses vs the experts, just like technology democratized content creation, fashion influence, and then commerce. It's also a sign of too much money in the market, too many bored people and too many people out of work, and the get rich easily dream of the modern era I offer no view on it, other than to hope it doesn't come crashing down and hurt the most vulnerable lured into it by our celebration of winners and the silent reporting on the losers. https://lnkd.in/dpqBvnh
…see more