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> Yeah it sucks average Joe's got suckered. I feel the pain. So I didn't explicitly say it in my original post because I didn't want it to be too wordy, but ye
by smcl 4y ago
> Yeah it sucks average Joe's got suckered. I feel the pain.
So I didn't explicitly say it in my original post because I didn't want it to be too wordy, but yes it is pretty awful that some scammy bullshit was permitted to be advertised to average consumers as if it was a normal investment, and that as a result people will have invested in something that will (in my opinion) ultimately be worth nothing. I was horrified to see giant crypto.com adverts in my mid-sized Central-European city - since it means that many people will have assumed that this is just some new tech asset class (rather than a delicately balanced house of cards) and then effectively dumped some money into a black hole