"It really seems like anyone with some renders and a white paper written by someone being gassed up by an overly agreeable AI can get VC funding these days."
It’s like Tesla: Everyone knows it’s a scam. Whenever there’s a panic or a dip then Musk’s army of sock puppets and wash traders will coordinate to purchase more stock and drive the value back up. That’s how TSLA has remained so ridiculously over valued for decades.
It’s an exponential money printer that’s going to break the entire world eventually.
It’s like Tesla: Everyone knows it’s a scam. Whenever there’s a panic or a dip then Musk’s army of sock puppets and wash traders will coordinate to purchase more stock and drive the value back up. That’s how TSLA has remained so ridiculously over valued for decades.
It’s an exponential money printer that’s going to break the entire world eventually.