I feel like the tech bubble is really just an outgrowth of an economic boom; big money rolls in, and needs a place to go. Everyone is happy to invest in dog shit as long as they can buy dog shit at $190/kilo and sell at 10 bucks more. They have to put the money somewhere. Tech companies are just a somewhere, but dog shit would be perfectly adequate, and arguably less overhead...
I just realized NFT's have even less overhead than dog shit.
I just realized NFT's have even less overhead than dog shit.