I think the issue is more that a lot of people weren't cynical enough. I knew Bitcoin was a shit currency when I first heard about it, and thought that was all

I think the issue is more that a lot of people weren't cynical enough. I knew Bitcoin was a shit currency when I first heard about it, and thought that was all there was to it. I didn't understand that while it was a shit currency, it was a great speculative asset. I thought people would look at it, go "that's dumb", and move on. Apparently I hadn't heard of, or understood the Dutch tulip mania and similar historical events. I presumed people would be better than they turned out to be, and that cost me a lot of potential capital gains.