Re:All 500 of the world's top 500 supercomputers are running...
by jrs95 on Wednesday November 15, 2017 @05:38PM
(#15708599)
It's not about poor people. A huge number of middle class people aren't accredited investors. But they could easily put a small sum into a high risk investment and potentially benefit greatly from it. Bitcoin is a decent example of this. There aren't any accredited investors regulations, and I highly doubt there's hardly anyone who bought so much of it that they'd go bankrupt if it became worth $0
[ Parent
| on HN ]
Re:All 500 of the world's top 500 supercomputers are running...
by dmoy on Wednesday November 15, 2017 @06:04PM
(#15708853)
I would be absolutely shocked if Bitcoin hit $0 and nobody came out of the woodwork sheepishly admitting that their investment strategy was "put 110% in Bitcoin". People go bankrupt on much sillier schemes than Bitcoin on a routine basis...
Re:All 500 of the world's top 500 supercomputers are running...
by skyfold on Wednesday November 15, 2017 @07:56PM
(#15709448)
I already cashed out enough to pay for school, a new house, and a new car. My parents are farmers. Even if Bitcoin went to $0, the number of people who became wealthy vs broke would be skewed towards individuals becoming wealthy because the late money is primarily institutional.