Is It The Technology Or The Risk That Is Causing The Mirage
As the battle against curbing the effective flow of the crypto stream keeps accelerating, courtesy of the centralised body, the great question here main question I always have in mind is this, Is it the technology that they don't understand or are they trying to be our risk managers?
On a normal level, an 18 year old who makes up his mind to place a bet on a casino game and lose every of his stake really understands the whole risk that is involved in the game before placing that bet. So why is it different with crypto investors? Why do they think investors are not man enough to bear the risk of impermanent loss that is associated with crypto Investment. After all, it's just an impermanent loss and not a permanent one.
It is pertinent to understand that as long as investors sees that no central body, banks specially, offers the ROI most Defi platforms offers. Therefore how do they intend to talk investors out investing in what could change their life in the long term.
Even though many investors are yet to understand exactly what they are investing in, they are just investing blindly without making personal research to which crypto is worth the wait and which is not worth it as there is uncle Rug-pull always on the way of most crypto assets.
So because someone can't make his own research to which crypto is worth investing and which is not, does it mean a central body should now step in the bid to protect people from being scammed or defrauded?
Na...!!! far be it. That's intolerable.
The upside and the downside of Crypto being laid out is what is really necessary. Let people see the risks and the benefits of what they are about throwing their money into so they can take calculated investment decisions.
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