Comments by "gerhard7" (@gerhard7323) on "Money u0026 Crypto for Dummies with Saifdean Ammous" video.

  1. A lot of what this guy says is undoubtedly true particularly regarding fiat and there is money to be be made (and lost) from cryptos undoubtedly, but usually unfortunately from the next proverbial greater (or desperate) fool. Remember there are literally thousands of cryptocurrencies out there and look who owns the lionshare of Bitcoins ie American corporates. Far from the 'democratisation of money' some like to claim it to be. As ever the salient questions are, 'are you feeling lucky punk' and are you effectively betting what you can afford to lose when ultimately it's 'the House' that nearly always wins?
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  2. The literally thousands of Cryptos out there are basically Ponzi fodder FOMO.
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  3. Now THAT is a superb, spot on comment. Every word is true. Try getting it to fly though.
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