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The 11% is the early odds. The investments were made up front when everyone was driven by FOMO, and 11% went to scams. After reality ensues is now, and if every
by solveit 5y ago
The 11% is the early odds. The investments were made up front when everyone was driven by FOMO, and 11% went to scams. After reality ensues is now, and if everyone were choosing to invest now, the number would be 0%[1], not 11%.
[1] With the caveat that it's possible there are some long cons that haven't yet been exposed yet.