3 ms·
> The fact that so many people bought into the hype will continue to amaze me for the rest of my life. I'm on about year 10 of this amazement. Even tulip mania
by conductr 4y ago
> The fact that so many people bought into the hype will continue to amaze me for the rest of my life.
I'm on about year 10 of this amazement. Even tulip mania only lasted 1-2 years. Crypto keeps inventing new snake oil and is continually able to sell it. It's so odd to me.
- denton-scratch 4y agoI'm also amazed that this train is still rolling down the track. I mean, XMR is good for darkmarket transactions; apart from that, and some niche Ethereum games, I find it puzzling. I mean, I don't understand why sane people speculate on an "asset" with zero intrinsic value. Is it because it's easier to acquire Bitcoin than tulip bulbs?
- compsciphd 4y agothat's exactly why. its easier so easier for joe shmoe on the street to invest thereby propping it up. joe shmoe had no ability to invest in tulips. There weren't superbowl ads asking people to invest in tulips