Re:Against Overuse of the Gini Coefficient
by arcticbull on Friday July 30, 2021 @04:14AM
(#28005676)
> The artist that painted the Facebook murals for stock options that is a multi-millionaire now.
That person did not "get in early" on USD. They got in early on Facebook stock. Currencies are designed to stay flat-ish, and ideally have a low, predictable rate of inflation to among other things incentivize investment. Your job is to allocate that currency towards getting in early on something productive. Like an upstart social network.
Re:Against Overuse of the Gini Coefficient
by imtringued on Friday July 30, 2021 @07:42AM
(#28006887)
It's funny how it's considered a "good investment".
The point of "investing" in Bitcoin is to make it harder to access its utility and make it harder to further invest into Bitcoin.
With stocks you aren't supposed to "overinvest". If the company is overvalued you'll lose your money one day.
My point is that people that get in early in crypto are no different, of course they are more wealthy than those that come after, as long as they don’t waste it. There are always monetary rewards for people that recognize good investments before the rest of the crowd.