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Every cycle has a narrative people believe in. In 2021 it was the metaverse. People bought land that didn’t exist, paid real money for fake locations, and talked about foot traffic with barely any users. They called themselves digital land barons and held through -90% because they thought they were early. The platforms died, the users left, and the servers turned off, but the land is still there and somehow they’re still barons. This isn’t really about the metaverse, it’s about the mindset. Being early and being wrong feels exactly the same until it’s too late. Still a baron.