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Same as real estate.

Cryptocurrency is definitely very successful at exploiting the post-2008 mindset of many young people: everything that touches upon finance vaguely feels like a scam, so along comes crypto which strips out everything but the scam. "At least it's our scam if we get in early."

> everything that touches upon finance vaguely feels like a scam

Citation needed. The fact that there are lots of scams or projects of dubious value doesn't prove that everything is. It's not really different than looking at tech startups, most are bad ideas that won't ever work but some do work.

I’m saying that the 2008 crisis led many people to believe that everything that counts as traditional finance is some kind of scam when you scratch the surface — real estate, stock market, etc.

If that’s the base assumption, it doesn’t matter if crypto projects do anything at all because they’re still no worse than the traditional investments (in this way of thinking).

You can't live in a Blockchain. You can't collect rent on a Blockchain.

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