4 ms·
You're probably right, but you're too late. "Decentralized" already made its way into the minds of the players. And decentralized is associated with "something
by VoodooJuJu 5y ago
You're probably right, but you're too late. "Decentralized" already made its way into the minds of the players. And decentralized is associated with "something good" and "something to throw money at because maybe it will make me rich". And those players will all lose while those at the top of the pyramids will all win and then you can say "I told you so" to all those greater fools, but they'll still say you were wrong, that you're not even a player, and so you know nothing. I wish I could convince them otherwise too, but it's too late for that.
A fool and his money.... At this point, I'd rather just make them my fools - better mine than someone else's. Take their money first, then say "I told you so". Then they might start listening to you.
- api 5y agoI hate how cryptocurrency sucked all the air out of the room with decentralization to the point that the term is now hopelessly linked to it.
- vmception 5y agoI can relate to the frustration with that, whenever I had "algorithmic" in a pitch for a trading service or fund, literally everyone derailed the conversation to high frequency trading in all of their interest or rebuttals. Because HFT was hopelessly linked to algorithmic.