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Massumptions: Are You Letting the Crowd Think for You?

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. massumptions

This paper explores the concept of "Massumptions" (Mass Assumptions)—defined as widely accepted, unverified beliefs held by a significant portion of a population. While distinct from scientific facts or universal truths, massumptions function as social glue, dictating cultural norms, economic behaviors, and political landscapes. This paper examines the psychological origins of massumptions, their role in the digital age, and the risks they pose to critical thinking. Massumptions: Are You Letting the Crowd Think for You

Why do massumptions form? The human brain is evolved for social cohesion, not necessarily for objective accuracy. Two primary psychological drivers facilitate massumptions: We check the crowd