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You're assuming that everyone investing is an idiot. I doubt that's the case. Sure, some people might make poor decisions, but I think that's the minority. Most
by brndnmtthws 9y ago
You're assuming that everyone investing is an idiot. I doubt that's the case. Sure, some people might make poor decisions, but I think that's the minority. Most people are doing their research, and even if they aren't, they would learn quickly that you should never invest more than you're willing to lose.
As an aside, I wouldn't touch Filecoin (due to the VC taint), but Sia looks promising.
- HuginnMuninn 9y agoWhat would you call research? Reading the whitepaper? I've hung around crypto for a bit, vast majority neither read the technicals nor actually use the technology. Have you used Sia? I certainly have. How would say it stacks up compared to S3? Both on price and speed?
- hndamien 9y agoThey are also assuming everybody is losing. I'd be willing to bet that this value creation and investing accessibility has lifted more people than it has hurt.