Read the source article here.

As I said just two weeks ago when I talked about the mighty Gamestonk, this phenomenon of “meme stocks” isn't going away. This was clearly going to keep happening. People realize now the power they hold over the market and they aren't going to give it up. Additionally, this has most certainly sparked a renewed interest in investing for those who may have never done it before, and all that additional capital flowing into the exchange is something the models the Wall Street types refer to probably aren't adjusted to handle yet.

I reiterate, I'm very on board with what Wall Street Bets is doing here; which, in essence, boils do to simply making trades and saving seemingly doomed companies from bankruptcy at the hands vampiric hedge funds. There's plenty of value extraction going on with the reddit side of things, sure, but I'd prefer that money go to regular plebs than toward a yacht club president's new beach-house. They fucked with our lives with the lockdowns, this is how we fuck with theirs. It really is class-warfare.

I feel like I'm talking in circles from the last time I brought this up, but you know this new-found buying power has got to be fucking with the congress's dissension making process to provide stimulus. They're probably shitting their adult diapers – afraid that more relief from their own self-made financial crisis could mean a crisis for them and their friends who thought they had sole control over the markets. But I'm not about to lose sleep over their fears. 

I personally don't own any stocks, but I do own some crypto. I, like every motherfucker I went to high school with, deal with varying levels of depression having missed out on becoming multimillionaires for not buy bitcoin at it's lowest – not that I suspect I'd make a particularly savvy millionare anyway. And while I don't expect any crypto to reach Bitcoin's level, I don't expect it to depreciate much considering the world's current economic situation. 

I realize that many watching this are skeptics of crypto, and understandably so: Being backed by math and traceable to every address that's held a given coin sounds sketchy, for sure. But that doesn't change the fact that the value attributed to it is high, and getting higher in terms of its long-term floor. I'm not about to hand out financial advise with regard to stonks or coins, but the money supply is looking more than a bit shaky right now in case you haven't heard. 

Watch STNC Episode 42 here.