Today, a friend who just got into the space this year told me that she's been losing big on those U.S. stock-related memes lately. Her exact words were something like: 'I’ve never lost money this fast even with regular stocks. Even the worst stocks just hit the limit down, and after two or three days, it’s over. But with stock memes, they get halved in no time, and just when you think it’s bottomed out, they get halved again.' Honestly, I didn’t know how to comfort her after hearing that. Saying 'You didn’t do enough research' feels too harsh, and saying 'You’ll make it back next time' sounds fake. It’s not that she’s unlucky—it’s just that this stuff isn’t really stocks. It’s more like a game of musical chairs dressed up as stocks. Now I’m starting to wonder myself: Are we in the crypto space doomed to keep playing these greater fool games forever? Or have we already reached a point where there’s no way out?