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Agreed. That was actually one of the reasons I originally got into it: I wanted to try to be a part of this movement and help it grow. Even if it was just tak
by sillysaurus3 13y ago
Agreed. That was actually one of the reasons I originally got into it: I wanted to try to be a part of this movement and help it grow. Even if it was just taking a gamble, I still felt like I was helping it grow into what it will ultimately become (as long as it doesn't fail). Never in the history of the world have people been able to manage a substantial amount of personal wealth without having to trust anyone else. Something like that, regardless of your feelings about Bitcoin, is fundamental and deserves to have its shot at happening.
So I just want to clarify that my comments aren't designed to steer people away from Bitcoin. They're to remind people to be smart about getting into Bitcoin. It's still in the early prototype stage. You have to respect its dangers, or else there's this huge chance you'll lose whatever you decided to risk by getting into Bitcoin in the first place.
- jnbiche 13y agoI completely agree that Bitcoin is very high-risk. Even if you respect its "dangers", you could still lose whatever you decided to risk. Which is why you don't risk more than you can afford to lose. People in the Bitcoin community says these words over and over again. Nonetheless, if you're ideologically sympathetic to Bitcoin, just because you don't risk more than you can afford to lose doesn't mean you don't risk anything. Most of us can afford to put in a few hundred, or (depending on net work) even a few thousand.