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because it has "risk" and "real" return possibility. Unlike stock market where boombers finance and exits their IPO to consumers. VCs get 1000x consumers mayb
by _5uxp 5y ago
because it has "risk" and "real" return possibility. Unlike stock market where boombers finance and exits their IPO to consumers. VCs get 1000x consumers maybe few times or less. Does that make sense?
No gambling gives you possiblity to do 1000x but crypto does and for so many times over the years. To anyone that says ponzi, what do you think Financial system with fiat money is? Does anyone even here mention how boombers and very rich families get 100m or many times bigger loans with stocks for very very low interes rates? why are they allowed to and what are they risking, exactly? is there even a risk?
- seattle_spring 5y agoI must be a bit out of the loop: what is a "boomber?" "Boomer" doesn't make even a little sense in context so it must mean something else?