That's what happens when they are use to protection, they stilll don't feel accountable. Remove the restrictions and they will get smart real fast.
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90% of people [at least] try and fail at trading, takes work to just breakeven investing is a dangerous game for the average
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Going into massive debt to get an art degree is a much more dangerous game. The problem with strong restrictions is they limit opportunity as well.
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Unfortunate truth
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Took the words right out of my mouth. It's all decentralization and fuck the government until they get scammed or lose money. Then it's "How could the government allow this to happen!?" Most can't take responsibility for their own decisions and learn mistakes.
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They are and I get your point but we have things like the lottery too
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No different from penny stocks, housing boom (no doc loans), tulips, leverage in 2008, etc. crypto is no different. It is human behavior. As said above, accountability is key. Big brother cant protect:educate us on everything
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Look at theranos. Many accredited investors were duped by a 20 something year old woman
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Even Walgreens CEO had fomo
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I saw a whole bunch of my parents friends loose everything during the 2008 financial crisis. These people where supposed to be protected by SEC or organizations like the SEC. Point is people will make money and lose money regardless of big brother.
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No let the dumb ones fail, the slightly less dumb ones see that being dumb results in failure and decide to get smarter.
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The machine teaches people not to think for themselves but to only obey the machine. If the machine permitted thought the people would overthrow it
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Take few options that retail has: to take a student loan and get education, take 30+ years mortgage to get a place, put some money in crypto. Do you really think crypto is that bad for retail? Given they have no interest in stocks or any cash generating asset.
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Let the market regulate itself. Everyone is an expert during the bull market but soon as idiots start losing their money they run and cry to the government. Let them learn the hard way.
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So true. And such a bummer.
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Public government schools...what did you expect?
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That and the Charlie Sheen video were fucking priceless.
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