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> The reality is most people outside of the HN bubble trust billion dollar companies. Crypto or otherwise. I’m not sure about this. Most people I know outside
by kweingar 4y ago
> The reality is most people outside of the HN bubble trust billion dollar companies. Crypto or otherwise.
I’m not sure about this. Most people I know outside of tech and finance do not trust crypto at all. They inherently mistrust the concept.
“How is it worth anything at all?” is a common question. “It’s just little things on a computer. It’s not real money.” These people would not trust a company that takes your real dollars and gives you bitcoin.
I would be willing to guess that a large portion of the country shares this attitude, especially older people and less technical people.
- lupire 4y agoCrypto marks mostly "video gamers" and "get rich quick" poor folks. Techies are on the scammer side, building the tools and skimming transactions.