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>vastly favour the top billion humans right now I see it more as favouring the most intelligent. The real $$$ isn't in day-trading, it's in figuring out which
by xamuel 9y ago
>vastly favour the top billion humans right now
I see it more as favouring the most intelligent. The real $$$ isn't in day-trading, it's in figuring out which cryptos have future merit. That means reading white-papers and distinguishing good ideas from hype.
It's a return to what investment is supposed to be: figuring out which ideas are worth capital.
- lifeisstillgood 9y agoVCs are, or at least hire, some of the most intelligent people, and the best in the world have a hit rate barely in double percentage digits. Saying that the poorest billion in the world just need to be more intelligent and suddenly will be crypto-rich is ... well actually quite offensive. The real and genuine divides between the richest and poorest in the world will not be bridged by coins, no matter their other benefits.