[louison11]

Having known the space since 2011, I’d say there are different reasons for different types of investors who came at different waves.

- super early stage: curiosity + belief this could replace money as we know it

- early stage: speculation + elements of previous wave

- 2017-onwards: a mix of speculation++, a lot of ignorance, and the mass wanting to be “a part” of a technological future they often feel left out from + the quasi constant FOMO many experience when realizing they could have invested in FB, AMZN, APPL but didn’t. And many disingenuous (or delusional) crypto evangelists manipulating that FOMO and convincing people this is the next big financial movement of the century.