Investors who leave their cryptocurrency in the custody of an exchange are like people who invest in Starbucks even though they don't drink their coffee. They might make good technical money, but their actual understanding of use cases and value propositions is questionable.
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As another poster pointed out to a related example, a better analogy is if you invest in a car company having never driven a car.
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Nick, it'd be really cool if you were on Peter's show. He's a very good interviewer and didn't ask fluff questions.
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I know, just letting Nick know that Peter's podcast isn't just another crypto podcast. I think a lot of people would both learn a lot and be entertained by listening to Nick.
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How do you view investors who hold broad index funds? They certainly don't understand most of their holdings but understand the value proposition of diversification in reducing risk.
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