My Uber driver in Sydney told me he was converting all his money into crypto because he thought the FIAT system was gonna crash. He was not technical. Lots of semi tech literate crypto people out there.
That's like the Kennedy-shoe-shine-boy thing. Kid on the street starts asking Papa Kennedy about some hot stocks he heard of and Kennedy realizes everything is wayyy too overheated and pulls out. Market implodes a little while later, and Joe is able to buy up whatever he wants.
Very similar alright. I felt so conflicted listening to him because I knew nothing I would say would change his mind so I just kept quiet. He was a pensioner trying to save to leave something for his progeny. Kind of heart breaking.