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So we should rather invest in IPOs that pop as soon as they're available to retail investors right? If our monetary system was so good we wouldn't be in 19 tril

by ojr 9y ago

So we should rather invest in IPOs that pop as soon as they're available to retail investors right? If our monetary system was so good we wouldn't be in 19 trillion in debt and cryptocurrencies would have no reason to be adopted, there is a reason why Bitcoin debuted in 2009 after the 2008 Recession... When the government does bailouts and Quantitative Easing, this can be seen as a scam to some

TeMPOraL 9y ago
> So we should rather invest in IPOs that pop as soon as they're available to retail investors right? IPOs are regulated, so there isn't that much of a mess around them, and it's more difficult for people who shouldn't be investing to play that game. That's on purpose, and it came to be through some hard-learned lessons. > If our monetary system was so good we wouldn't be in 19 trillion in debt National / international debt is, first and foremost, a tool, and it doesn't work the same way the "regular" debt does. > and cryptocurrencies would have no reason to be adopted They still don't. They live as long as they get to be financial wild-west, where it's easy to get rich off fools. > there is a reason why Bitcoin debuted in 2009 after the 2008 Recession... Yes, because it was developed around then. > When the government does bailouts and Quantitative Easing, this can be seen as a scam to some Maybe, but then again taxes are seen as theft by some. We can talk about ideologies all day, but in the real world, the "traditional" system still remains somewhat suitable for running a technological civilization, whereas cryptocurrencies are not, and will not because they don't scale well.
- ojr 9y ago
  Facebook, Google, etc, didn't scale well from day one either. The software infrastructure for blockchain space is improving. Cryptocurrencies markets are more egalitarian so they will always be more favorable than traditional markets who tell people they shoudn't invest because they are "less equal".

by ojr 9y ago

TeMPOraL 9y ago

> So we should rather invest in IPOs that pop as soon as they're available to retail investors right? IPOs are regulated, so there isn't that much of a mess around them, and it's more difficult for people who shouldn't be investing to play that game. That's on purpose, and it came to be through some hard-learned lessons. > If our monetary system was so good we wouldn't be in 19 trillion in debt National / international debt is, first and foremost, a tool, and it doesn't work the same way the "regular" debt does. > and cryptocurrencies would have no reason to be adopted They still don't. They live as long as they get to be financial wild-west, where it's easy to get rich off fools. > there is a reason why Bitcoin debuted in 2009 after the 2008 Recession... Yes, because it was developed around then. > When the government does bailouts and Quantitative Easing, this can be seen as a scam to some Maybe, but then again taxes are seen as theft by some. We can talk about ideologies all day, but in the real world, the "traditional" system still remains somewhat suitable for running a technological civilization, whereas cryptocurrencies are not, and will not because they don't scale well.

ojr 9y ago
Facebook, Google, etc, didn't scale well from day one either. The software infrastructure for blockchain space is improving. Cryptocurrencies markets are more egalitarian so they will always be more favorable than traditional markets who tell people they shoudn't invest because they are "less equal".