On January 27, 2021, GameStop (GME) closed out at its highest stock price at $347.51/share since the reddit community of r/WallStreetBets (WSB) sent the stock soaring, in their nomenclature, “to the moon,” a curious phenomenon that many within the mainstream press gave revolutionary significance due to the working and middle class status of some of the volatile stock’s big winners. 

I wrote last year that despite some of its “populist” character, the supposed gatecrashing by lay people into Wall Street was nothing more than a bubble created by Wall Street actors and carnival barking billionaires in which some previously precarious individuals made instant fortunes while many others lost their shirts. In the year since the GameStop rollercoaster, the increasing presence of words like “crypto”, “DeFi”, and “NFTs” has come to dominate the fintech space. This emergent language has filtered into the mainstream due to the opening of a portal into the long-prophesied techno utopian dream known as the metaverse. 

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