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Counterview: those who made gobs of money who transpose that outcome to "gosh, crypto must be great and I don't know why everyone is bashing it so much". Lots
by ulrashida 3y ago
Counterview: those who made gobs of money who transpose that outcome to "gosh, crypto must be great and I don't know why everyone is bashing it so much".
Lots of older generations felt that way about housing price increases as well -- are they right too?
- JumpCrisscross 3y ago> those who made gobs of money who transpose that outcome to "gosh, crypto must be great and I don't know why everyone is bashing it so much" Most of us can profit off something while decrying it as dumb. I’ve made money from crypto, and I think I did so ethically. But the whole thing is stupid, and I think we have a civic responsibility to ensuring that is understood.
- 111111101101 3y agoThey're right in that, seeing how it turned out, everyone who could have bought a house really should have bought a house. The thing about bitcoin is that EVERYONE could have bought in, either with cash or through mining. You didn't need to save a large deposit or get approved for a loan. It was an opportunity that was right there for everyone. I regret not investing more or mining. I can only imagine how those who missed the boat completely feel.
- deleted 3y ago[deleted]