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iKevinShah | 3 years ago
absolutely not speaking of anyone on HN (where people seem more learned and aware) but most of those who 'seem to understand it' on Twitter / Reddit etc. are just folks who have put in their money after reading fancy terms and want to 'pump' a given coin. So that they can validate their investments to themselves.
This is just my personal opinion so there's that. I have been wrong about lots of things, could be about this as well :)
jmathai|3 years ago
I don't understand some of the more complicated concepts like DeFi and flash loans. I mean I could explain some of it but I didn't actually understand it.
That being said, I decided to learn more and got some of that knowledge from Twitter. It's a terrible place to learn because the education is laced with propaganda and it's very difficult to tease out. Something about it makes you put down guards that you otherwise have.
I stopped using Twitter for other reasons and something really interesting happened. It felt like I was coming out of hypnosis. My optimism towards crypto began to fade - probably because outside of crypto circles the general sentiment is that it's a scam.
A broken clock is right 2x a day and it's important to remember you're likely no smarter or dumber because you bought or avoided crypto.