Henrik Zeberg

It's about how much you spend on marketing.

And there were fantastic support to this.

Wall Street were all behind it.

Media were all behind it.

There were media darlings like Webvan and Pets.com.

So the media were all over this.

Everybody was praising this new fantastic and brave world.

Did the internet change the world?

Absolutely.

But is that the same as a promise that you cannot see that the market can crash or that people get exuberant?

No.

So now I want to talk about Bitcoin, because I think Bitcoin is the very definition of this financial bubble we have at this point.

AI and crypto bubble.

But before I do that, now we talked about Jante, but I'm from Denmark.

In Denmark, we have a famous fairy tale teller, Hans Christian Andersen, who had the story or told the story of the emperor's new clothes.

And this is the story for the ones who don't know it already, of course.

This is about the emperor who lived in his empire.

And one day, two fraudsters came to town.

And those were tailors.

They would be able to make the most fantastic clothes that he had ever seen.