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by enumjorge 1866 days ago
> It's effectively become a casino for millenials and zoomers

Mark Cuban and Elon Musk are also investing in cryptocurrencies and neither of them fall into those age groups.

2 comments

Please don't be obtuse, I obviously wasn't implying that 100% of cryptocurrency enthusiasts are in a specific age range, I'm just saying that culturally they probably have more of a following in a younger crowd.
I wasn’t being obtuse, but I can see why it came across that way. Crypto definitely got started among the younger more indie crowd, but I think that has slowly changed over time and will continue to do so. Bitcoin was introduced almost as a way for the little guy to fight “the system”, but I think people underestimate how much influence the old players like Wall Street, billionaires (hence my previous comment) and governments are starting to have on it.
They invest on behalf of the house.