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The crypto collapse magical thinking | More than half. Analysts believe that Treasure could grow to become the biggest gaming and NFT platform in the industry. The Crypto Collapse and the End of the Magical Thinking That Infected Capitalism � The New York Times By Securities Docket on January 16, , am I have come to view cryptocurrencies not simply as exotic assets but as a manifestation of a magical thinking that had come to infect part of the generation who grew up in the aftermath of the Great Recession � and American capitalism, more broadly. Just sign up for a free account and log in to continue reading. We use cookies to offer a better browsing experience, analyze site traffic, personalize content, and serve targeted advertisements. But the FTX saga shows how, when taken to extremes, doublethink can have hugely damaging repercussions. |
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The crypto collapse magical thinking | Commentary: FTX shows founders can still conjure up the 'reality distortion field'. And they probably believed it in part. See all results. In the past, most cryptocurrencies tend to rally when they have been listed by major exchanges. Far from it. Unlock these benefits All subscriber-only content on ST app and straitstimes. The workings of cyber space are as baffling to most of us as anything we encounter in the real world. |
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Connecting trust wallet to metamask | For these purposes, magical thinking is the assumption that favored conditions will continue on forever without regard for history. Digitisation has not changed that. In the past, most cryptocurrencies tend to rally when they have been listed by major exchanges. Please enable JavaScript in your browser to complete this form. Written By: Crispus Nyaga. It is the conflation of virtue with commerce. To continue, upgrade to a supported browser or, for the finest experience, download the mobile app. |
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