Massumptions | ^hot^
NFTs, crypto, the latest diet, the “great resignation,” the “quiet quitting” trend—massumptions power every bubble. When 10 million people say a stock is going to the moon, we don’t check the math. We check the crowd. The massumption becomes a self-fulfilling prophecy until it violently pops.
The person who builds a cabin off-grid while everyone else panics about rent. The investor who buys when the news screams “sell.” The teenager who doesn’t download the app “everyone” is using. massumptions
Massumptions: Are You Letting the Crowd Think for You? NFTs, crypto, the latest diet, the “great resignation,”
This is the most profitable one for media companies. A single event happens (a bank fails, a virus mutates, a crime spikes in one city) and within 48 hours, the massumption is that the entire system is collapsing . The crowd confuses activity with danger. The Cost of Believing the Crowd Here’s the brutal truth: Massumptions are cognitive shortcuts. Your brain is lazy. It’s easier to look at what 1,000 people are doing than to do the hard work of thinking from first principles. The massumption becomes a self-fulfilling prophecy until it
Imagine a stranger from five years in the future visits you. They know how your story ends. Would they tell you to follow the crowd or ignore it? Time has a hilarious way of revealing massumptions as foolish. The Quiet Revolution The most interesting people in the world are not the ones making new massumptions. They are the ones quietly ignoring the old ones.
Then ask: Is this true? Or am I just outnumbered?
A massumption is a belief that becomes "true" simply because a large number of people act as if it is true. It’s the silent software running our collective brain. It’s why markets crash, why trends explode overnight, and why smart people often make very dumb decisions together.