>It's not idiocy that drives people to this, it's greed. It's the idea of obtaining wealth without work, of speculation, and the thrill of what is plainly gambling.
Is it greedy to have a 401k? People and companies have been pushing crypto as a reasonable investment for years. For example, it felt like crypto took the place of beer as the primary advertiser during this year's Super Bowl. It isn't all crypto assholes sitting at the top of Ponzi schemes who have been and will be hurt. Plenty of normal people only put their money in because they saw Matt Damon and Larry David talk about it on TV like any other traditional investment vehicle.
Is it greedy to have a 401k? People and companies have been pushing crypto as a reasonable investment for years. For example, it felt like crypto took the place of beer as the primary advertiser during this year's Super Bowl. It isn't all crypto assholes sitting at the top of Ponzi schemes who have been and will be hurt. Plenty of normal people only put their money in because they saw Matt Damon and Larry David talk about it on TV like any other traditional investment vehicle.