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I think it's pessimistic but reasonable to expect that most people fail to understand the fundamentals behind both stocks and bitcoin. Given that, I think the
by RickS 9y ago
I think it's pessimistic but reasonable to expect that most people fail to understand the fundamentals behind both stocks and bitcoin.
Given that, I think the best way to read this is as a measure of faith. What is the expected source of future economic growth? Emerging tech, or existing economic structures? Given the state of young people in the US, it's not surprising to see confidence waning in incumbent financial systems.
- ellius 9y agoThat’s obviously exactly correct. The technical merits of various investments is exactly the sort of thing where I’m not looking for popular opinion.