the.com/gold rush
Thousands race to get rich quick; the shovel sellers actually do.
means A sudden mass rush of people chasing a newly discovered source of wealth, usually a frantic scramble that enriches the suppliers more than the seekers.
from From the literal 19th-century gold rushes — California in 1848–49, later Australia, South Africa, the Klondike — when news of gold strikes sent thousands stampeding to the diggings. 'Rush' here keeps its old sense of a sudden violent crowding movement, the same word used for a rush of water or a crowd rushing a gate. The phrase stayed literal for decades before it broadened into metaphor, applied to any headlong stampede toward a hot new opportunity, from dot-com stocks to cryptocurrency.
- real winners
- Levi Strauss sold pants, not panned gold
- 1849 surge
- San Francisco grew from 1,000 to 25,000
- odds
- most miners earned less than wage laborers
- legacy
- gave California its statehood and its nickname