Re:Bitcoin Sinks to $41,000 Amid ‘Extreme Fear’
by dcolkitt on Friday January 07, 2022 @01:28PM
(#29842782)
> "You had plenty of time to be an early adopter, enjoy being poor"
This is literally how every asset works. Early investors earn huge appreciation. Those speculative profits drive innovation. It's why we have a $500 billion venture capital industry that exists for the sole purpose of getting resources into the hands of innovators so they can grow new products and businesses.
This is literally how every asset works. Early investors earn huge appreciation. Those speculative profits drive innovation. It's why we have a $500 billion venture capital industry that exists for the sole purpose of getting resources into the hands of innovators so they can grow new products and businesses.