Saved by sari and
Finance as culture
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
One conclusion here is that to know where crypto is headed, sociology is as important as economics. Crypto will continue to be surprising because people see it not just as a way to make money, but as a way to make meaning of their lives.
Tyler Cowen • Bloomberg - Are you a robot?
Crypto enables the financialization of almost everything, including things you didn’t think could be financialized. This includes a meme, a song, a person’s future net worth, or a community. This amplifies the “investing as entertainment” thesis even further.