Oh wait, is the game we're playing Pick an Arbitrary Time Period That Lets Me Be Right? How fun, let me try.
In which case I am happy to extend my time horizon. We could go back 15 years, where all of this stuff was worthless. We could go back 20 years where the online currencies Beenz and Flooz had just collapsed into worthlessness. We could go back 150 years to the wildcat banking area, the last time we let chumps just make up magic money, which was such a disaster that it was foundational to the modern regulatory regime. Or how about we go back 300 years and look at the South Seas Bubble and Isaac Netwon's time reforming British currency so it was less of an exploitable clusterfuck.
You're right, extending my time horizon really does help put cryptocurrency in perspective.
In which case I am happy to extend my time horizon. We could go back 15 years, where all of this stuff was worthless. We could go back 20 years where the online currencies Beenz and Flooz had just collapsed into worthlessness. We could go back 150 years to the wildcat banking area, the last time we let chumps just make up magic money, which was such a disaster that it was foundational to the modern regulatory regime. Or how about we go back 300 years and look at the South Seas Bubble and Isaac Netwon's time reforming British currency so it was less of an exploitable clusterfuck.
You're right, extending my time horizon really does help put cryptocurrency in perspective.