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.
What do you mean by ordinary people? We're ordinary people as well but what makes us different is being open to the endless possibility of BTC/Cryptocurrency to grow. It's only natural for them to be afraid of investing in something they don't fully understand and losing the investment is what they fear most, not BTC itself. There's a lot of investment opportunities out there, we can't assume people are afraid to invest just because they're not into it. Maybe it's not their preferred type of investment. Well, who knows?