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> If it were to collapse, the disillusionment and blame that would come out of it may be enough to start a revolution. I agree with the sentiment but I don't t
by cocktailpeanuts 9y ago
> If it were to collapse, the disillusionment and blame that would come out of it may be enough to start a revolution.
I agree with the sentiment but I don't think it will happen even if it were to crash, because I am pretty certain that 99% of the people who have invested in Bitcoin have no idea how it works enough to be that disillusioned, and I'm being generous about the percentage.
Really, even the VCs and media pundits on Twitter who tweet their commentaries about ICOs and cryptocurrencies pretending to be knowledgeable really have no idea what they are talking about and it shows even in 140 characters.
If these people are like that, the general public will never get to understanding the full potential of cryptocurrency, just like most people don't understand how TCP/IP works. At best people think of it as an easy way to make money, like stock market.
So yeah, I definitely will get disillusioned if all this crashes, but most others won't be. They will see it as no different from some stupid mistake they make at Las Vegas.