I think people come here looking for a quick buck...and get some crypto instead. And they think short term...like "gee, these tokens don't buy me many federal reserve notes, today, so this is just a waste of my time."
We're all brain-washed to think that value only exists if we can get federal reserve notes for something we own.
In Bitcoin's early days, it was super easy to mine coins, that were worth less than $3. Anyone that held them, are millionaires today.
I have no interest in a YouTube platform, getting some crumbs while advertisers cash in. But I see the potential of generating some Steem, which I can hold for a while and watch while the value increases over time.
Long-term investments are super popular these days.
IMHO, there is wisdom in getting in now, and staking one's claim, even if one doesn't get a stack of federal reserve notes today.
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Gosh I love you insight on this. We are the early adopters and sticking with it is a good decision in my opinion. I really hope we don;t always have to convert back to fiat just to buy things but the powers that be will try to keep things that way.
Darn typo: My next to the last sentence should say: long-term investments are NOT super popular....