3 ms·
Was working with a guy to start a card game, it ended, he had other project on NFT. I wonder if I should share this with him. It's weird how easy it is to sell
by jokoon 5y ago
Was working with a guy to start a card game, it ended, he had other project on NFT. I wonder if I should share this with him. It's weird how easy it is to sell any cool sounding tech to laymen, even if laymen understand the tech a little.
Why isn't everybody able to draw a simple pro/con list to have a minimum of skepticism? Is it because it's marginally better than having a more normal salesman job, to be a nurse or to stay unemployed?
Tech is often like a tulip bubble. Businessmen go into the tulip market because as long as people like tulips, there is money to be made, so it's always money lost when you miss a trend.
I wish there was some rulebook on how to spot trends that will be short-lived.
- paulgb 5y ago> I wish there was some rulebook on how to spot trends that will be short-lived. It's not exactly a rulebook, but if you read enough of Extraordinary Popular Delusions and the Madness of Crowds, there are some patterns that recur over and over. It was written 180 years ago, but it's amazing how little the psychology behind manias has changed. In particular, a good golden rule is to not follow people into an investment that you don't understand because you are blinded by greed. https://en.wikipedia.org/wiki/Extraordinary_Popular_Delusions_and_the_Madness_of_Crowds https://en.wikipedia.org/wiki/Extraordinary_Popular_Delusion...