Don’t get me wrong, if they actually researched and were educated in the subject, I’d have no issue with people taking a risk in investing in something like crypto, but the fact remains many Americans are ill suited and uneducated when it comes to finance, investing, and technology. Plenty of people have played and deal in a manner that is similar to speculation and or gambling when it comes to crypto, buy in, and are equally fucked because of it. Not too mention the various influencers who take advantage of their audience and really fuck them over in pump and dump schemes.
Yeah, I guess I see a massive difference between Bitcoin and crypto as a group. Lots of crypto is scam, but Bitcoin isn’t. Bitcoin is solid technology that finally gives people freedom to be in control of their own store of value. Crypto largely came along to leech off of this revolutionary idea.
Monero does have some nice aspects. Lightning takes care of some of it on BTC, although not entirely. I wouldn’t be too surprised to see even more in that direction on layer 2.
Don’t get me wrong, if they actually researched and were educated in the subject, I’d have no issue with people taking a risk in investing in something like crypto, but the fact remains many Americans are ill suited and uneducated when it comes to finance, investing, and technology. Plenty of people have played and deal in a manner that is similar to speculation and or gambling when it comes to crypto, buy in, and are equally fucked because of it. Not too mention the various influencers who take advantage of their audience and really fuck them over in pump and dump schemes.
Yeah, I guess I see a massive difference between Bitcoin and crypto as a group. Lots of crypto is scam, but Bitcoin isn’t. Bitcoin is solid technology that finally gives people freedom to be in control of their own store of value. Crypto largely came along to leech off of this revolutionary idea.
Ehhhh I’m more on the Monero train. Though I don’t own any of it. Just like the tech and privacy of it.
Monero does have some nice aspects. Lightning takes care of some of it on BTC, although not entirely. I wouldn’t be too surprised to see even more in that direction on layer 2.