Calling it degenerate gambling is uncouth and reeks of classism. I think the adequately paid tech workers who frequent HN miss something very important that cr

Calling it degenerate gambling is uncouth and reeks of classism. I think the adequately paid tech workers who frequent HN miss something very important that crypto attempts to solve that appeals very much to common people. I say adequately paid because a FAANG salary is more analogous to a skilled factory salary a half century ago, allowing you to buy a house and car and put your children through college, something out of reach for people making the median income. These are people who aren't stupid and understand that inflation is happening and purchasing power is going down and who realize that their fearless leaders don't actually have an answer to it besides gestures and platitudes. Putting some hope in crypto gives the common man a non-zero chance of his purchasing power going up. Holding regular savings accounts does not. Crypto may or may not be the answer but I see it as a rational bet.