4 ms·
Early investors were excited by the technology, not the promise of quick gains and speculation, like VC nowadays.. that probably where his "superiori moral", pr
by davidguetta 4y ago
Early investors were excited by the technology, not the promise of quick gains and speculation, like VC nowadays.. that probably where his "superiori moral", provided he meant it that way which I doubt, are.
A lot of people think crypto are plain useless but that is just wrong in practice. They are de facto actual "currency", which is already a lot especially for people in third world countries whose national currencies have gone down relatively to the dollar (venezuela, lebanon, turkey). Any of these people have been better off investing in crypto than in their local banks. It's diversification.
- buf 4y agoYes, this. I had to difficult time replying to pembrook because their reply was so venomous that I felt out of breath by just how far off the mark pembrook was to how it was for me in 2017. Crypto in 2017 really felt like the beginning of something big and amazing, like we were going to change the world's currency, solve reputation, etc. Me personally, I've been weathered by the constant fraud. I still 'believe' in it, like I did in 2017, but I don't invest in it.
- prepend 4y agoSeemed like vapor in 2017 to me. I felt bad like it was scamming people who were dumb out of their money. Once I looked at how the prices rose and the at didn’t support the Eth use case, I thought the architecture was stupid or at worst built purposely to have unnecessary scarcity to drive prices up.
- headsoup 4y agoYou mean had been better off, for a little while.
- dboreham 4y agoUnrelated, but: love your music.
- deleted 4y ago[deleted]
- HWR_14 4y agoThe case I heard for buying into ETH from people when it was starting had nothing to do with the technology and everything to do with having already missed the BTC rocketship
- aaaaaaaaata 4y agoCheck your surroundings; You seem to have no tech-passionate people around — if this is true for you, that is.