this post was submitted on 12 Oct 2025
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Chapotraphouse

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[–] Not_mikey@lemmy.dbzer0.com 4 points 1 day ago

Its price reflects tech asset inflation/speculation (to the nth exponent) that has been booming with this ai bubble. In general, there's usually lots of dumb money sloshing around in a bubble economy, and bitcoin attracts dumb money like flies to honey.