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its been a decade for people to buy in, at this point not having done so was a concious choice not a missed oportunity. besides, the people who benefit the mos
by pibechorro 5y ago
its been a decade for people to buy in, at this point not having done so was a concious choice not a missed oportunity.
besides, the people who benefit the most from crypro (central and south America, Africa, etc) dont care about your investments, they only care it works.
- UncleMeat 5y agoCompare to something like Dogecoin, which does not have a cap. Or imagine a linear mining curve rather than a logarithmic one. "You had plenty of time to be an early adopter, enjoy being poor" isn't exactly the sort of governance of monetary policy that fills me with confidence.
- vmception 5y agoPeople say that now because everyone already had a decade to find their own confidence, or at least not miss all of the alpha from either their own capital at risk or building a product to extract value Still doing research™
- dcolkitt 5y ago> "You had plenty of time to be an early adopter, enjoy being poor" This is literally how every asset works. Early investors earn huge appreciation. Those speculative profits drive innovation. It's why we have a $500 billion venture capital industry that exists for the sole purpose of getting resources into the hands of innovators so they can grow new products and businesses.
- UncleMeat 5y agoIt doesn't appear to be how dollars work.
- tromp 5y agoDogecoin still suffers some wealth concentration by having a 20x larger emission in the first year. Only one coin has tried a purely linear emission (one coin per second forever).