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I wasted years of my life in crypto

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681 points Anon84 | 1 comments | 07 Dec 25 12:57 UTC | HN request time: 0.218s | source
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spicyusername ◴[07 Dec 25 13:28 UTC] No.46181533[source]▶
I've never understood the initial arguments about Bitcoin, no matter how many times they've been explained to me.

The block chain is, and always was, an extremely inconvenient database. How anyone, especially many intelligent people, thought it was realistic to graft a currency on top of such a unwieldy piece of technology is beyond me. Maybe it goes to show how few people understand economics and anthropology and how dunning-krueger can happen to anyone.

Now the uninformed gambling on futuristic sounding hokum? THAT is easy to understand.

That being said, I'm sorry the author had to go through this experience, the road of life is often filled with unexpected twists and turns.

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1. lm28469 ◴[08 Dec 25 15:05 UTC] No.46193037[source]▶
> I've never understood the initial arguments about Bitcoin, no matter how many times they've been explained to me.

Because it's a cult, like the "AGI is coming in 2027" cult thinks we're on the brink of skynet level world destruction, it'll come and go and 99% of the people who fell for it will tell you they never really truly actually believed