Post
Topic
Board Bitcoin Discussion
Re: Why do ordinary people feel afraid of Bitcoin?
by
milani
on 03/03/2021, 21:50:57 UTC
Someone told me not long ago: Bitcoin is a dangerous game. It is even possible for some people or groups to take over the blockchain through a majority and destroy the entire mechanism. People don't know they are playing these games.

For a long time buying Google at a high price, Amazon and Apple are both good choices for me.

Yes, there are a lot of stocks there, there are also cryptocurrencies, there are also many bonds and debt instruments.
In the US, there are obviously 9,600 mutual funds (quick Google search)
. The question is, which of the thousands is worth buying.

Just because some or many of the available options are not good investments, it does not mean that the entire asset class is bad.

The prosperity of encryption technology is just like the technological prosperity. They have got a lot of IPOs because of various stupid ideas. Most of these technology companies are stupid and not worth it.
Nowadays, there are many ICOs, most of them are stupid and not worth it.

However, there are still opportunities to realize value.


Also about digital assets. Digital assets have become a reality.
Did you know that Fortnite had nearly $2 billion in revenue last year?
Do you know what these billion users got? Different appearances in the game can give characters different dance moves.
You can play the exact same game without paying any fees.

It depends on what do you mean by saying ordinary people. In case ordinary people that just work in ordinary office from salary to salary, so such kind of people do not like risks and prefers something less but stable. In case you mean ordinary people that haven't invested at the very beginning of yhe Bitcoin or invested in the decreasing times, so they may have lots of personal reasons. And it seems to that even examples abiut Google, Amazon and others will not help much. The only thing will work - personal motivation and strong desire to change something in their life.