- Thread starter
- #21
Anyone who invests anything with someone they don't know and have not vetted is a fool, that goes without saying.I agree that sending life savings to a stranger you met online is reckless. Scams are definitely a plague in this space.
However, calling it 'fake money' ignores the massive institutional adoption we've seen. Investors like Cathie Wood (ARK Invest) have been bullish on Bitcoin for years, viewing it as a distinct asset class rather than just internet magic money. There is a big difference between falling for a scam and investing in crypto through legitimate channels (like ETFs) based on institutional research.
Crypto is fine if you understand the market, but if you don't, you should not invest in it. I would like to see this asset class be successful as an alternative to traditional currencies, for those interested, anyway.
I do agree with your post.