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> it's mostly there to make the early investments more profitable So like middlemen and the big businesses that exist now? Crypto democratizes
by hanniabu 2y ago
> it's mostly there to make the early investments more profitable
So like middlemen and the big businesses that exist now? Crypto democratizes
- spencerflem 2y agoyeah, a lot like that actually I like cryptography, the blockchain, decentralization etc. but the pitch of almost every ICO is- get in now and become massively rich (at the expense of people joining later), almost the exact same dynamic as investing in a company like Visa.
- Dylan16807 2y ago> So like middlemen and the big businesses that exist now? If we're talking about investing in currencies, anyone that could have made the same kind of investment in today's major currencies would have had to do it so long ago that they're dead now. If we're talking about investing in smaller entities, then you have the opportunity to get on the ground level of a thousand companies every day. That's not something that needs crypto.