Does it not bother you that you've been so thoroughly...

  1. 91 Posts.
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    Does it not bother you that you've been so thoroughly indoctrinated by the current system that you're completely incapable of entertaining alternative possibilities ?

    At this point, given the massively skewed R-R ratio of having thrown a few hundred dollars at some of these currencies in the early days, you don't have to look far to find droves of investors who aren't too fussed about losing money on some more risky bets, because they're sitting pretty with their gains from having been early adopters and daring to envision a world where huge swathes of the (global) population are willing to create such a 'bubble' as this due to their absolute disillusionment with the current system.. meanwhile you sit in your armchair criticising from the side-lines, and given your membership on this site, quite possibly happily investing your hard earned in financial instruments and markets subject to the exact same whimsical forces of human psychology, fear and greed.

    The only difference being that (for now) traditional financial markets aren't built upon a revolutionary tech like the blockchain, which as many people have pointed out is wherein the true value of the cryptocurrencies lie.

    Enjoy watching the continued scramble for central banks, governments and corporations (even the ASX if i'm not mistaken) to understand and commercialise this tech so as not to be left behind, whilst you remain thoroughly entrenched in what appears to be an extremely narrow view of reality, only ever adopting new ideas once the seething masses have accepted them into main-stream consciousness.

    For the record, not saying there won't be crashes of catastrophic proportion ahead in the crypto sphere (nor for that matter in any other sphere driven by human involvement), but most adults dabbling in this space accept that risk and the tech itself is certainly here to stay.

    All just my opinion of course

    Be well
 
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