The GameStop bubble is indicative of what this generation values. In a time of social retreat, they line up behind the forces of their own alienation. As I have said before, the Millennials are a generation of kiss-asses. They’re a group of people who think you can cheerlead everything to success. Take Tesla stock: not only is its market cap massive, but it also has a declining growth rate and dozens of major competitors entering the market. This Bitcoin generation is going to learn the hard way that reality matters and that popularity can only sustain the illusion for so long. I’ll be there to short you and afterward lick your tears.
A Loser Generation Owns Loser Stocks