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Yeah, I was trying to think about that when I wrote my comment. I do think there’s at the very least a scale change between the proliferation of unregulated “markets” these days (crypto, cs skins, Pokémon cards, I’m sure others) and the “your beanie babies will be worth a fortune some day” of the past. Perhaps what’s more surprising, though, is how consumer behavior leads these markets to now actually move up and to the right for remarkably long. My sense is you were always in fact delusional to think your beanie babies would hold value, but perhaps people are not entirely crazy looking at the charts of skin prices over X years and expecting it to continue. Perhaps I’m being too harsh on the collectors and too charitable to our contemporaries…


People love to gamble and delude themselves into thinking bad outcomes are only for someone else.




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