Re:A Social Network Doling Out Millions in Ephemeral Money
by spookthesunset on Thursday October 05, 2017 @10:26PM
(#15414022)
> I'm experiencing a lot of anxiety lately that I'm missing the cryptocurrency boat
That is just the hype getting to you. Anything that sells itself with as much hype as bitcoin does with the implicit (sometimes explicit) message that you better BUY NOW or you'll miss the boat... it means it is probably too good to be true.
The deeper you dig into bitcoin, the less attractive it actually is. Everything from the super shady set of characters that are at the top of its pyramid who hold the majority of its coins to all the promises it makes that are blatant mistruths (it isn't free, it isn't instant, it isn't trustless, it isn't decentralized....). Bitcoin is not a good investment.
That is just the hype getting to you. Anything that sells itself with as much hype as bitcoin does with the implicit (sometimes explicit) message that you better BUY NOW or you'll miss the boat... it means it is probably too good to be true.
The deeper you dig into bitcoin, the less attractive it actually is. Everything from the super shady set of characters that are at the top of its pyramid who hold the majority of its coins to all the promises it makes that are blatant mistruths (it isn't free, it isn't instant, it isn't trustless, it isn't decentralized....). Bitcoin is not a good investment.