You nailed it. The totally miss the point treating crypto as a "gambling casino" as you said. To them it is all about buying low and selling high. Moon. Moon. Moon.

If that is the only reason for crypto, there is no need for it. There is more than a quadrillion dollars worth of stuff (financial products) that Wall Street created which can be gambled upon. Go buy options on whatever. They exist for just about anything you can think of.

Crypto is designed for exactly the people you describe: the ones who need it.

So many crypto projects i'd imagine think like this person don't understand the real example for crypto may have to be first set in these countries. We don't really need crypto in the west in any form of urgency. Are you kidding me? People when they lose their money they going to be praying to some banking institution to call to recover their funds. People still want their hands held. We haven't grown up.

This made me laugh because it is so true. The ones who need it are also in the west, they just do not realize it yet. As long as there is still room on the credit card, they are happy. Spend Spend Spend.

Times are changing quickly. Unfortunately mentalities are not.

Posted Using LeoFinance ^Beta