Chamath Palihapitiya speaks out against CNBC and Wallstreets' attempt to target r/wallstreetbets against institutional manipulation. CNBC never uploaded the full segment and has made attempts to use DMCA takedowns to hide the video online.

What will happen - the bubble will eventually burst - no way should Gamestop be a 20bn+ market cap share.

It may go up but a point will be reached where only the crazy won't sell (some may argue we've probably already passed this). Then the drop will be like falling off a cliff as loads of late to the party, hugely over-leveraged retail first time investors get wiped out.

Yes - some Hedge Funds have been fucked by this, but when folks like Blackrock now hold roughly 3billion in Gamestop Shares with huge gains saying that this is like a revolution is nonsense.

Ultimately lots of small time retail traders will get screwed, some who timed their exit and entries right will win and the world will keep turning.

Chamath here is playing an angle - he's keen to get the WSB faithful onside as there's likely profit in it for him and/or Musk like celebrity.

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