3 ms·
Personally I think a lot of the hate is because users here knew about the technology early but didn’t invest in any meaningful way. They don’t want to think the
by camjohnson26 7y ago
Personally I think a lot of the hate is because users here knew about the technology early but didn’t invest in any meaningful way. They don’t want to think they made the wrong choice, so they call it a scam or a ponzi scheme to try to justify the decision not to invest.
The truth is that crypto is very scammy and that its value run-up in 2018 was a massive bubble, but that doesn’t mean the tech behind that bubble is worthless. Anyone who got rich off of crypto essentially got lucky, but that says nothing about how good that technology is or is not. Crypto can be good technology and a bad investment while still allowing risk takers to make millions.
- seibelj 7y agoAlso everyone forgets that for every Amazon or Google in 1999 there were 25 pets.com flameouts. Hindsight is always 2020 and game-changers only seem obvious in retrospect.