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> they've gotten rich from selling their early-adopter cryptos to the next fool. And that's where it all falls apart. Crypto-fanatics assume that "good for me"
by zamalek 5y ago
> they've gotten rich from selling their early-adopter cryptos to the next fool.
And that's where it all falls apart. Crypto-fanatics assume that "good for me" translates to "good for us." As we know, the crypto-rich only exist because others (usually many others) became crypto-broke and/or fiat-broke.
At least, in general, people have no realistic expectation of winning the lottery. You also don't usually have people betting their entire life savings on the lottery. The analogy is only very loosely true.
- reedjosh 5y agoBitcoin fanatic here. No, it's literally about taking money printing away from corrupt governments worldwide.
- mr_spothawk 5y agoIt ^^ me tho. Separate Money from the State