Em ats ekt: It probably will take a few like for game stock and a few of these others to unwind completely. And that is because people who engage in financial popularism in tradition markets right now, they will realize that the rules of the game are too opaque, too opaque. Ah, there's gong to be a lot of like counter intelligence where they try to get these communities to be weaker. But in general, yes, some people are in g and me for the, you know, for the protest, but a lot of them are also in for the pump, right?
Today, Su and I discuss the rise of WallStreetBets and financial populism in general. As one of the most experienced market participants I know, Su has a unique perspective on the story behind the GameStop short squeeze. We explore why he thinks it is going to end in tears for small investors, which invisible rules of the traditional financial system have been laid bare for everyone to see, and how all of this massively validates crypto and Defi going forward.
Su Zhu https://twitter.com/zhusu
Hasu https://twitter.com/hasufl
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