By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 07/05/2026Even though Enron's CEO Ken Lay and Worldcom's CEO Bernie Ebbers both received prison sentences after their fraud was revealed, the bubbles never stopped, and indeed, they only got worse. 15/ 1241
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 07/05/2026AI is the biggest bubble in human history, worse even than the South Sea Bubble: en.wikipedia.org/wiki/South_S... And like those earlier bubbles, some of our modern bubbles will leave behind nothing, while others will leave behind some productive residue. 16/en.wikipedia.orgSouth Sea Company - Wikipedia 1304
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 07/05/2026Take the cryptocurrency bubble. Crypto will go to zero, and when it does, all it will leave behind is shitty monkey JPEGs and even worse Austrian economics: www.web3isgoinggreat.com As with Enron, you *can* find *some* productive residue from cryptocurrency if you look hard enough. 17/web3isgoinggreat.comWeb3 is Going Just GreatA timeline recording only some of the many disasters happening in crypto, decentralized finance, NFTs, and other blockchain-based projects. 3242
