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Also, many of those debating and getting their toes wet in crypto are not necessarily predicting it will work, they’re just hedging their bets in case it does.
by disruptthelaw 5y ago
Also, many of those debating and getting their toes wet in crypto are not necessarily predicting it will work, they’re just hedging their bets in case it does. For example I’ve got about 3% of my Investible wealth in crypto. If it tanks to zero I wouldn’t consider myself “wrong”.
Crypto skepticism is still a fairly mainstream position, it’s not unique to HN.
- licebmi__at__ 5y agoI’m convinced that crypto will crash and burn, yet I put some money on it because I’m also skeptical of market efficiency and do believe there’s a lot of money to be made in “bad” ideas. I don’t know how mainstream my position is, but I do know a few people who share it.