Ever asked your friends something about cryptocurrency? If yes, did you actually get any answer containing some more information than basically just "I know they exist"? Well at least I didn´t...
Most of my friends simply don´t have any clue about what´s a blockchain neither how cryptocurrency work. But surprisingly many of them suddenly invested money into Bitcoin during the bull run last year, which led to quite some losses after all.
It´s the phenomenon of FOMO, which everyone knows might leave you behind as a bad holder with some serious losses. Anyways the greed always seems to be the stronger factor leading to such massive runs...
Reading this tweet from Ran Neuner actually shows how clueless the masses still are. Speaking of this I like the terminology of "stupid money", which simply fits perfectly. People simply don´t have a single clue about the whole space but the greed makes them throw their money in.
It happened before, it happened just recently at the end of 2017 and it will definitely happen again many times down the road as the masses tend to forget about their past failures pretty fast whenever the next bull run comes up promising fast money...
The actual technology or purpose of a token isn´t interesting for most at that point. They simply don´t care about the way the blockchain works these days. They see Bitcoin as an asset but not yet as a technology that´ll enable them to live free without any banks influencing their daily lifes.
We still got a long way ahead of us until people will know what blockchain and cryptocurrency are really about and how they work. But the day will come that crypto change the world!
A Crypto Startup Revolutionizing Steem! |
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