The truth might not matter; what matters is whether something can keep spreading. Investing, at its core, is about using public narratives to make value judgments: the more people, the more money, the bigger the bubble, the higher the liquidity premium. The underlying mechanism of the world is 'new trend—anchoring—going long.' 'Does it matter who’s strong or weak? Does it matter who’s right or wrong?' 'The Trump era taught us that the key is to judge whether a story can continue to spread, as well as the momentum and scale of its spread—truth doesn’t matter. This is narrative economics.' This is even more evident in the crypto space!