As someone who made a profit investing in Bitcoin I endorse and encourage your decision. I definitely want to avoid this somehow turning into “rationalists should win by trying to jump on every crazy make-money-fast scheme because one of them could be the next Bitcoin.” If it’s the case that rationalists should have been able to predict Bitcoin’s success, we should focus on specific factors that indicated there was something there to be gotten.
I can talk now about all the smart people I know who believe in Bitcoin as a reason to want to keep it, but I didn’t know any of those people yet when I first bought it—I met them along the way. It’s hard for me to remember what it was that attracted me to it at the time. I think it had a lot to do with the way the technology played into my own specific vision for the future of tech, which is very personal and not necessarily portable to an arbitrary person in the rationalosphere (in terms of reasons to have believed in Bitcoin at the time.)
As someone who made a profit investing in Bitcoin I endorse and encourage your decision. I definitely want to avoid this somehow turning into “rationalists should win by trying to jump on every crazy make-money-fast scheme because one of them could be the next Bitcoin.” If it’s the case that rationalists should have been able to predict Bitcoin’s success, we should focus on specific factors that indicated there was something there to be gotten.
I can talk now about all the smart people I know who believe in Bitcoin as a reason to want to keep it, but I didn’t know any of those people yet when I first bought it—I met them along the way. It’s hard for me to remember what it was that attracted me to it at the time. I think it had a lot to do with the way the technology played into my own specific vision for the future of tech, which is very personal and not necessarily portable to an arbitrary person in the rationalosphere (in terms of reasons to have believed in Bitcoin at the time.)