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India, with its hundreds of millions of poor citizens, is not new to financial manias. What is new with Bitcoin is how widespread it is and how breathlessly it
by vishnugupta 5y ago
India, with its hundreds of millions of poor citizens, is not new to financial manias. What is new with Bitcoin is how widespread it is and how breathlessly it is being advertised. There are literally prime time advertisements[1] running on TV which are drumming up FOMO.
[1] https://www.youtube.com/watch?v=DpabOu5rRuA https://www.youtube.com/watch?v=DpabOu5rRuA
- SideburnsOfDoom 5y agoWe're seeing the same thing (to a lesser extent) in the UK and (I expect) most other places. It cannot end well - Mass marketing is the one of the final levels of the pyramid before it runs out of marks.
- BrissyCoder 5y agoCan someone who understands that post a transcript? Super curious - looks hilarious.