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#711 The Psychology of Bitcoin and Crypto Markets w/ Geoffrey Miller

The Pomp Podcast

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Is There a World Where People Are Being Driven to Buy Cryptocurrencies?

There's an entire generation of people who saw their parents get burnt by the globl financial crisis. They've not basically held this underlying burning feeling towards this one industry, and now every chance they get, they try to stick it to the man in adoing this k like financial warfare. You'd better believe people are willing to make investment decisions partly on kind of political signalling grounds. I think for the crypto industry as a whole to succeed, it'll be extremely important for it not to be too closely identified with any particularly narrow set of political beliefs. Then it'll just alienate everybody who doesn't share those beliefs.

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