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Not sure I agree. I'm sure there's plenty of innocents who've been forcefully convinced by some crypto zelot, or FOMOed their way into the crypto world. In ter
by trutannus 5y ago
Not sure I agree. I'm sure there's plenty of innocents who've been forcefully convinced by some crypto zelot, or FOMOed their way into the crypto world.
In terms of normal bank clients moving to a DAO bank or something silly like that, you're right, nobody in their right minds is doing this.
- knorker 5y agoMaybe. Depends how "innocent" someone is when they are blinded by greed, even if greed fueled by scammers. Would that same person be culpable if they did as little due diligance before "investing" in more traditional organized crime, lured in by "you can't lose. It's a sure bet, 10x gains!"? At best the innocents here "invested" in a lottery ticket, and lost in the same way that a non-winning lottery ticket loses.
- trutannus 5y agoNot everything is this black and white. Some people are not motivated by greed as much as misplaced fear that's been stirred up by the crypto folks. Open any crypto discussion and see how many clicks it takes to get to someone panicking over hyperinflation, bank failures, invoking the ghost of 2008, ect. For all their talk of FUD, crypto folks dish the FUD out onto the traditional banking system almost as hard as the traditional banking system dishes it out on crypto. Mix that with someone who's easily impressionable and anxious, and you get someone who'll likely make some very bad decisions.