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Is it though? A whole lot of talk about middle class lifestyles being out of reach in the same sentences as “WHEN LAMBO?”. I’m sympathetic to the widespread l
by headmelted 5y ago
Is it though?
A whole lot of talk about middle class lifestyles being out of reach in the same sentences as “WHEN LAMBO?”.
I’m sympathetic to the widespread lack of upward mobility these days. This is confusing it with something else.
- fleddr 5y agoWhen lambo is a joke. The entire space is riddled with memes and jokes. You shouldn't take it so serious.
- headmelted 5y agoI get that, but it’s disingenuous to say that there aren’t a lot of people buying this stuff because they legitimately expect it to make them rich. Is it most new buyers? There’s really no way to know.
- fleddr 5y agoI'd say most people hope it makes them rich, not necessarily expect it. More likely, aiming for a high return they can't get anywhere else. It's a distribution like anything else. A handful of billionaires, a larger group of millionaires, and then comes the sweetspot. The sweetspot for crypto is middle class (from lower middle class to higher middle class) doing a 5-10x from whatever they put in. Not enough to retire, but meaningful wealth. This return is within reach for almost anybody with some study, patience, and proper risk management.