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[return to "BBC cryptocurrency documentary pulled from air at last minute"]
1. WilTim+o2[view] [source] 2022-02-10 12:41:37
>>nemoni+(OP)
It's astonishing to me that people will just buy into any success story that involves crypto and NFTs. People don't question why poorly drawn pictures are being bought for thousands of dollars, don't question why there are hundreds of altcoins on the market and some "cryptocurrency experts" are supposedly "offering free tips" on investment. The whole space is rife with scams and embellishments and yet there are so many people just blindly buying into it, including the damn BBC!
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2. cpach+B3[view] [source] 2022-02-10 12:51:47
>>WilTim+o2
Many people dream of getting rich quickly, by windfall.

Buying index funds is a great and easy way to enhance your personal financial situation – over time. But you will not get rich quickly. So people still seek out alternatives that are incredibly risky and unsound.

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3. soneil+fa[view] [source] 2022-02-10 13:35:53
>>cpach+B3
I think it doesn't help that the "normal answers" for "normal people" are essentially broken right now.

We were looking at somewhere to park €50k while we hunt for a house. Growing up we're always told about savings accounts. We should have a savings account, we should be contributing to savings accounts, blah blah blah. So we asked our bank about a savings account, and they offered an annual return of €78. And I don't even mean 0.0015%, but the return is capped so it's not allowed to compound.

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