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It's a cultural shift that is epitomized by trends like WSB, $GME, and Robinhood. To older people it doesn't make sense. So you can scream and shout that it is
by waffle_maniac 5y ago
It's a cultural shift that is epitomized by trends like WSB, $GME, and Robinhood. To older people it doesn't make sense. So you can scream and shout that it is illogical (like many have re: gold, silver, etc) and adoption will continue to increase and the value of the underlying assets will go up.
- almost 5y agoIt’s funny you should bring up other situations in which people in the know manipulate “less sophisticated” actors for their own benefit. And that you think the alternative you’re arguing away from is investing in gold and silver is kind of hilarious. Precarious metal “investors” are just a different generation of poor fools.
- short12 5y agoPeople in the know are the "less Sophisticated" group