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187 sats \ 6 replies \ @Undisciplined 18 Jun \ on: What Skills Do We Lose With Bitcoin? bitcoin
My guess would be that most people will go back to being completely unfamiliar with different investment vehicles. I think that only happened because inflation made saving money a losing strategy, but without inflation people will mostly just save money.
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42 sats \ 5 replies \ @OT OP 18 Jun
So you think they will lose the skills to pick a winning stock because they will no longer need to?
That seems like it could be quite far down the track. All the kids are trading these days.
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122 sats \ 2 replies \ @premitive1 18 Jun
the skills to pick a winning stock
is that what people have?
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21 sats \ 0 replies \ @OT OP 19 Jun
lol
Good point!
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34 sats \ 0 replies \ @Undisciplined 19 Jun
That's not how I would put it, but there are a lot of people who know about all kinds of technical finance stuff that I think would be largely be confined to professionals on a Bitcoin standard.
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101 sats \ 1 reply \ @Undisciplined 18 Jun
All the kids are trading these days
I’m sure that’s mostly because technology made it easier, but it might not be a complete coincidence that this is happening while we’re experiencing historic inflation.
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143 sats \ 0 replies \ @kepford 19 Jun
Yep, tech made it much easier and from what I have seen people are not good at picking winners. Like most things a few are good and they get the attention. The rest are likely as bad as I am. At least that's how it is in my circle.
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