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RE: Why I Think More People (Especially Women) Need to Tune into the Crypto Convo

in #steemit7 years ago

If people are not interested, just ignore, it will be there loss, we need them to feed the fomo later anyway. People generally think things are stupid because they think they know what is "cool", but they really don't know. I increased my portfolio by 10 times by the end of the year, that is cool, and interestingly that is when the women around me decided to listen. I have told people about steemit and they are like meh... You can generate more crypto on steemit then small scale mining.

On women, they need to understand the risks, therefore I disagree with the second point. On information, women need to adjust where they are getting information from, western mainstream media is very negative on the crypto, by the time this changes all the enormous gains will be gone and we will be in bubble territory. When the risk is gone so is the return unfortunately. But ask a Japanese woman about it and it will be a slightly different story, the Japanese are quite positive on the use of cryptos, despite the recent hacks even.

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Maybe the Japanese have a higher IQ from all the fish they're consuming. I mean there has to be a reason although people from Asia do seem to save much more it seems and thus crypto is a logical investment if you see all the weak currencies like the yen and CNY.

I believe the Japanese government is not opposed to crypto, I am not sure if they save more (with near 0% or sometimes negative interest rates) but it does make a logical investment because of the volatility compared to traditional hegemonic financial system.

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