Terms You Need to Know [July 2021]

Tinkerbell Effect: Psychologist Frank Durgin coined The Tinkerbell Effect in 2002. It’s based on J.M. Barrie’s play “Peter Pan” (1904). Audience members are asked to applaud if they believe in the fairy. Tinkerbell becomes real only if enough people believe she is. It’s used often with crypto currency, as headlines link bitcoin with Tinkerbell.

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