Too Long; Didn't Read
GameStop mania started to pick up steam late January 2021, when r/WallStreetBets started hyping GME, the stock of the embattled game retailer. Melvin Capital had to close its short position, ending up with a $13B loss. Some of the founders of blockchain projects operating in this climate asked what they think about DeFi and the fintech market in general. Some suggested that now may be a great time for decentralized finance to finally hit the mass market. Others disagreed and separated their opinions into three distinct groups.
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