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> Why would any human think blockchains and not stocks when you talk about investing? Good question. What I've seen enough millenials to slightly alarm me is t
by klenwell 9y ago
> Why would any human think blockchains and not stocks when you talk about investing?
Good question. What I've seen enough millenials to slightly alarm me is that they don't think stocks or blockchains but multi-level marketing schemes.
Are they more susceptible to being drawn into these than any other cohort? I'd guess probably not (I remember seeing Amway jugs in my parents' garage as a kid), but with social media it just feels that way.
Anyway, between college debt among white collar millenials with decent jobs and crappy service-sector jobs among the rest, I suspect the real problem is they just don't have anything to invest.
- ZeroGravitas 9y agoThe current Secretary of Education is married into the family that built Amway. And her brother is currently trying to privatize the army. Interesting times.
- ShabbosGoy 9y ago> Are they more susceptible to being drawn into these than any other cohort? There's a weird form of mysticism in the modern economy today. "Follow this secret method to make a million dollars."