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paulg's profile
Paul Graham
Paul Graham
Paul Graham
Verified account
@paulg

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Paul GrahamVerified account

@paulg

paulgraham.com
Joined August 2010

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    Paul Graham‏Verified account @paulg 28 Aug 2018

    When I was a teenager you worked in fast food. A generation later you could write code and make much more. Will ambitious kids in the next generation reach adulthood already rich from trading cryptocurrency?

    12:17 PM - 28 Aug 2018
    • 105 Retweets
    • 608 Likes
    • learntorun epikhy Oluseyi Akinyode Bob S U P R E E T H Joe 🛸 Roy aitken cyrii_MM コープ محمد رضا  طهراني
    50 replies 105 retweets 608 likes
      1. Paul Graham‏Verified account @paulg 28 Aug 2018

        (I'm not saying I like the idea. On the whole I don't. I'd rather ambitious people learned positive-sum games.)

        7 replies 7 retweets 185 likes
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      1. Yuhong Bao‏ @yuhong2 28 Aug 2018
        Replying to @paulg

        What is fun is paying off debt using cryptocurrency.

        0 replies 0 retweets 2 likes
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      1. M.‏ @mmolaro 28 Aug 2018
        Replying to @paulg

        There were a couple years of people making 100s of thousands in online poker in high school/ college. I know several founders from that pool of people.

        0 replies 0 retweets 3 likes
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      1. Jerseyan‏ @JerseyanUSA 28 Aug 2018
        Replying to @paulg

        If the economy stays healthy, they'll be the richest of that age group, of all time, regardless.

        0 replies 0 retweets 1 like
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      2. __anoop‏ @__anoop 28 Aug 2018
        Replying to @paulg

        that assumes they can trade. If they can trade why not other assets ? why crypto? what is the barrier to trading today? regulations. Will that change in a generation? likely not

        1 reply 0 retweets 2 likes
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      1. Oren J. Falkowitz‏Verified account @orenfalkowitz 28 Aug 2018
        Replying to @paulg

        No!

        0 replies 0 retweets 1 like
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      1. Mitchell Holder‏ @mitchellholder 28 Aug 2018
        Replying to @paulg

        Not just crypto, they're doing it with sneakers + other exclusive/limited goods. Building bots + private groups for advantages (and making money from those too).

        0 replies 0 retweets 0 likes
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      1. Firas Durri‏ @firasd 28 Aug 2018
        Replying to @paulg

        I think there is a category difference. Working in fast food or writing code for someone else means you're getting paid to add value to an existing business. Whereas trading cryptocurrency means you're a teenager competing with giant financial firms with more info/resources.

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      1.  🛠️ Connecting Trades to the Digital Age. 📱‏ @tapatrade 28 Aug 2018
        Replying to @paulg

        Hodling crypto perhaps. Parents why not start a crypto savings account?

        0 replies 0 retweets 0 likes
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