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This is an extremely dangerous way to think - it preys on the natural irrationality of the human mind. Someone is out there laying bait of all kinds. Iota is ba
by charleslmunger 9y ago
This is an extremely dangerous way to think - it preys on the natural irrationality of the human mind. Someone is out there laying bait of all kinds. Iota is bait for people who think they barely missed out on bitcoin, but this new thing with buzzword salad as it's description and a lead developer that has clearly lost touch with reality will make then rich.
Then there's the second level bait - since there are all these suckers out there, surely money can be made by predicting them!
And then it's turtles all the way down. You won't know if you're a sucker or at the very top level until it all comes crashing down.