That's exactly what crypto reminds me of.
Invest in crypto they said......you’ll clean up they said......totally secure they said
I can piss my own money away just fine without help from a smoke and mirrors racket like that
“I’m funding my kids college with Beanie Babies!” said no serious investor ever. LOL
That’s exactly what crypto reminds me of.
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At least with the Beanie Baby craze, you got a cute stuffed animal.
Dutch Tulip Bubble 1634
Far more to it than that. Your analogy is akin to comparing the inner workings of a steam engine to a rock. Comparing the two shows a severe lack of knowledge on the subject, and a complete unwillingness to learn. That's fine, that's your thing, go to it.
On the flip side, learning more about exactly what it is and how it works will give you a better understanding that crypto, however volatile and untested at this point in the game, is around to stay. The market will "correct" itself to more reasonable levels, and it will likely take a while to bring the masses of investors back, but it is a part of the future. One mistake most folks make is to think that somehow it's investing in nothing. Not true at all. When one invests in crypto, they are truly investing in the underlying blockchain technology.
Interesting stuff, really. Then again, I am a geek.