Re:Diem – A rebrand of Facebook’s Libra
by oblio on Sunday December 06, 2020 @06:17PM
(#25327612)
> One of the stunning things for me about "blockchain" revolutionary hype is how long it has gone on without significant accomplishment.
I think that there is a lot more money in the world right now than 20 years ago and definitely than 400 years ago.
A lot of it is just dumb (people inheriting money or getting it for other reasons than intelligence or financial acumen: singers, athletes, etc.) and some it is exploratory/inherently risky (VC) or both. So a bubble can last much, much longer and be much, much bigger.
We're probably going to see more of these.
I guess at this point I should probably just say that I regret not being smart/connected enough to be at the collecting end of one of these hype trains :-)))
I think that there is a lot more money in the world right now than 20 years ago and definitely than 400 years ago.
A lot of it is just dumb (people inheriting money or getting it for other reasons than intelligence or financial acumen: singers, athletes, etc.) and some it is exploratory/inherently risky (VC) or both. So a bubble can last much, much longer and be much, much bigger.
We're probably going to see more of these.
I guess at this point I should probably just say that I regret not being smart/connected enough to be at the collecting end of one of these hype trains :-)))