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> You should have picked a side by now as this is not complicated or ambiguous. There is only furthering crypto by any means necessary, or opposing it (increasi
by Ologn 5y ago
> You should have picked a side by now as this is not complicated or ambiguous. There is only furthering crypto by any means necessary, or opposing it (increasingly, by any means necessary).
I think crypto coins are as worthless as subprime mortgages, Pets.com type dot com stocks, or any other bubble going back to tulip bulbs. However as I am mostly uninvolved (aside from getting a free cryptocoin drop my friend wanted me to get), it has little effect on me. I find it annoying to see scams discussed, in the same way I don't want to hear an MLM pitch. I want to warn people it is a scam if I see a discussion, out of obligation. Also they say it hurts the environment, which I have not looked at much but suppose it makes sense.
On the other hand, people with large crypto positions or who are invested in mining rigs and who have invested their time and have made large "capital" expenses and whose life is cryptocoins are much more apt to further crypto coins.
It will be interesting to see what happens to the Bitcoin market cap in the next market correction where credit is tightened, stocks go down, margin calls go out etc. This is a game of musical chairs where the music has yet to ever stop.