Part 7/14:
The allure lies in the promise of accessibility and profits through mere speculation. But what is actually happening is that the modern "bucket shop" sells a phantom stake in these companies, profiting from fees and hype—an insidious reincarnation of the old scam but amplified by blockchain and social media.
The Seductive Power of Hype and Attention
In our digital economy, attention has become the most valuable currency. Startups and influencers employ the "hypemaxing" strategy—building hype, outrage, or absurdity to draw eyeballs and then monetize that attention, often regardless of product quality.