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Parent Post: Did The AI Bubble Go From A Pin Prick To A Pop This Week?
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In Reply To
rick
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10/30/2026, 5:58:00 PM
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Yup. The infrastructure is still there and will be there after a pop. Some companies will get blown up and some will make out great afterwards. It's often compared to the Dotcom Bubble with the winners winning big in the end. Things a really revving up right now check this. [$6.3 billion Binance hack is largest crypto theft on record](https://www.cnbc.com/2026/10/29/circle-tether-freeze-funds-impacted-by-potential-binance-security-issue.html) "Binance said it began recovering assets impacted by the breach after pledging to cover losses using its Secure Asset Fund for Users, or SAFU. Bitcoin fell more than 4% to $77,994.96 on Friday as the hack weighed on crypto markets" Makes me want to look into the "Secure Asset Fund for Users".
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dickie
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10/30/2026, 6:28:58 PM
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it be pretty funny if the hackers stole the SAFU
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rick
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10/30/2026, 8:28:39 PM
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Ha! Whatever that is. I would rather guess than know right now. I'm going to just think about it like it's their digital FDIC.
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