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OK. Thanks for clarifying. You mean to say it’s not smart investing. You are judging intelligence based on purely selfish outcomes. I understand now.

• 59nadir 9y ago
  Intelligent people can be stupid investors. I'm not judging anyone's intelligence at all. An investment made with no sound rationale by a Nobel prize winner is effectively dumb money.
  • gt_ 9y ago
    I am suggesting there are some rationales for investing in cryptocurrency besides investor profit. I am not arguing for their popularity, but that they do exist. They seem to ascribe different value systems that you might not be considering. In the current market situation, they are probably fairly irrelevant or undermined, but maybe not so in past terms.
• kristopolous 9y ago
  "smart" and "dumb" money are technical terms in investment. It's just a label placed on a class of investments when talking about the market. You can call them whatever you want and they aren't intended to be anything more than a purely functional way to differentiate two classes of things.
  • gt_ 9y ago
    Noted. Thanks for sharing this comprehension.