Sounds bad. People very casually investing without really contemplating that much about it (just hearing about it on the phone and presumably hearing about previous prices) and not even learning how to invest themselves suggest that they have no idea what they're doing.
People also commonly say that a stock or asset is in a bubble when your grandmother is buying it. The age range that they're talking about is people who are about 70, especially lay people.
That tells me while we may not be mainstream yet, we are getting there.
What's this obsession that people have about "going mainstream"? Can't it just be what it is, an experiment in cryptography, and then find out what it becomes used for? Especially when the idea of "going mainstream" is just putting money in it, not actually doing anything with it.
Why this sounds bad!? She is old enough to know many things, she missed opportunity
to invest in project 50 years ago. She could invest $30 in Apple, gold, internet or any technology
company in 1970 and now she would be a very rich woman.
Everything starts with an experiment, what was internet and apple, first car, first computer? Do
you think it started like mainstream from beginning?
She have $30 dollars and she can afford to spent that. When she get informed for 6 months that
her $30 invested worth more then $50 she will invest a little more. Little by little now and maybe in
10 years she will have something to live to here children`s and grandchildren`s, something more then
couple hundred bucks.