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@mxchara@seattle.pink

Post #4042766

2026-07-23 18:04 UTC

Somehow this war between honest GameStop cultists and villainous short-sellers will result in a huge stock-market bubble, sending $GME soaring in value up to millions per share, prompting the U.S. government to step in--whereupon all the short-sellers' purportedly fake shares will be unmasked thus compelling the government to endure the redemption of all the GME cultists' "real" shares (supposedly guaranteed by direct registration). There's a kinship here with how "sovereign citizens" imagine that they have a magic formula, a concoction of legalese that will withstand legal challenges and force the U.S. government to admit that they have no actual power to tax the "sovereign citizen". (cont'd)

Replies (1)

  • @mxchara@seattle.pink 2026-07-23 18:13

    There's no use arguing with such people. It might seem obvious to the reasonable person that the "sovereign citizen" legalese won't actually work, and that if $GME really did explode into millions-per-share numbers the U.S. government will not meekly print out enough money to redeem the cultists' holdings. The magical thinking prevents the true believers from entertaining such reasonable doubts. They must believe in the power of their spells. Thus it seems weirdly inevitable that the single letter X became a focal point for every crowd of money-obsessed cultist chasing after some memetic scam. They all have a fanatical faith in the power of basic symbols like numbers and letters. (cont'd)

    Open ##4042968