There are plenty of bad actors in crypto but Bitcoin is at worst a very interesting experiment that can profoundly change the world for the better. Most is not all of the rest of crypto is basically hawk tuah coin with less obvious illegitimacy. In fact bitcoiners don't consider Bitcoin as "crypto"
Just wow.
I get you can do something stupid in a rush but the longer you have time to reconsider, the higher the likelihood that you "didn't just fall for a dumb idea". Bitcoin is 15 years old.
> Also, the average person is smarter than about 4 billion people.
Bitcoiners are drawn from a normal distribution and not from the bottom part of the distribution, so that argument doesn't really work here.
I think it's objective truth to note that "Bitcoiners" are predominantly comprised of:
a) people conducting illegal affairs (don't read this as "illegal" in the sense of jaywalking)
b) technically illiterate people, down on their luck and hoping to get rich quickly
With those in mind, I would argue that "Bitcoiners" are instead drawn from the left side of most distributions.
cryptocurrencies are a failure and net negative, and the longer we hold on to believing they aren't, the more damage we are doing
But we keep doing them because enough people can get money out of it
Anyway, no matter how large the unity of dumbs is or how passionate they are about their goal, it won't make them smarter. What they can achieve, though, is making other people dumber than they are, so that they can appear relatively "smarter".
Do you object to that?
Does that mean they're smarter? I don't think so. It's a bet they're willing to take and time will tell who was right.
Whether you find that a feature or a bug depends a lot on where you live.