0 sats \ 1 reply \ @Rothbardian_fanatic 7 Oct \ on: Let's be honest - 99% of Crypto is worthless and has confused the public bitcoin
Yes, that may be true, however, it is the only way for the market to do discovery. The market is a very large discovery machine that will winnow out the useless crypto from the genuinely useful and valuable ones. People willl use their own discernment to find the right ones for themselves. Also those who wish to bear much more risk can punt on whatever they wish to try.
i believe that's true. i also believe that reasonable regulation can help protect investors and the public too.
in developed countries we don't have to do 'discovery' on which foods in the grocery store make us sick. sure we would 'eventually' figure it out, but it's not the right process for that kind of thing.
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