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I love gambling. When I was in college I learned how to beat single-deck blackjack by counting cards, which I was very proud of at the time, and I've played ton
by CPLX 8y ago
I love gambling. When I was in college I learned how to beat single-deck blackjack by counting cards, which I was very proud of at the time, and I've played tons of poker in my adult life. I enjoy a trip to Las Vegas from time to time.
So note that there's not a hint of anger when I point out that the fundamental use case of Ethereum is and has always been speculation.
- seibelj 8y agoIf the only point of Ethereum is to speculate then the only point of angel investing is to speculate. Or perhaps you also invest for reasons not entirely based on making money?
- deleted 8y ago[deleted]
- brokensegue 8y agothere's a difference between investing and speculation. angel investors should "invest"
- seibelj 8y agoIt’s possible that some or many of the people who bought into the original Ethereum ICO did so because they liked the idea and wanted to support development. It’s not always a pure cash grab. If the only definition of speculation is buying and selling an asset in the same day (the government’s definition of a day trader) then most are investors.
- brokensegue 8y agoThat's not the distinction between investing and speculation.