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> The reality is most people outside of the HN bubble trust billion dollar companies. Crypto or otherwise.

I’m not sure about this. Most people I know outside of tech and finance do not trust crypto at all. They inherently mistrust the concept.

“How is it worth anything at all?” is a common question. “It’s just little things on a computer. It’s not real money.” These people would not trust a company that takes your real dollars and gives you bitcoin.

I would be willing to guess that a large portion of the country shares this attitude, especially older people and less technical people.



Crypto marks mostly "video gamers" and "get rich quick" poor folks. Techies are on the scammer side, building the tools and skimming transactions.




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