See Games Differently
See Games Differently
Stock Market
One of the most difficult problems in finance right now is figuring out the fundamental economic value of cryptocurrencies. And the past week has complicated this further. For many cryptocurrency investors, the value of Bitcoin is based on the fact it is artificially scarce. A hard cap on “minting” new…
While the dust starts to settle around GameStop’s meme stock phenomenon, investigations into the hedge funds, trading platforms, and the Reddit community that fuelled it are just getting started. Many people have already lost a lot of money, but even more could be on the line if lawmakers and regulatory…
GameStop’s rollercoaster ride through the absurd machinery of the stock market has been fun to watch. It sent some of CNBC’s finest minds scrambling to Wikipedia to find out what Reddit is and allowed for Very Serious Thought Leaders to peddle all sorts of pet theories, like blaming GameStop’s unlikely…
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