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My friend brought up “crypto” last night for the first time.

He knew I was into it and I told him I’m only into bitcoin.

He has $700 in xrp and $150 in btc. It’s pretty much gambling money to him but I still told him he should sell and put it all into btc. He’s a relatively new grad and doesn’t have much money to his name.

His response was that all of the banks are about to use it and it’s going to skyrocket. And that his dad had a significant amount of money in xrp too.

I didn’t lecture him any further.

What’s your response to someone like this other than “xrp is a scam”?

YODL 5mo ago 💬 2

No clue where people find this info about xrp. Must be marketing on some normie platforms I'm not aware of

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Discussion

makomichi the wolf of weeb street 5mo ago 💬 1

Many people buy into random crypto crap due to word of mouth. In my previous job, half of the company bought into NFTs thanks to one single Intern shilling it to everyone.

Mark Sea 5mo ago 💬 1

I think it’s this too. He did say he knew a couple guys at his old job that had some.

YODL 5mo ago

I guess the most vocal peers are usually new to the space too. Interesting.

Mark Sea 5mo ago

He uses robinhood and I think that’s the marketing pitch for it on the app. He probably heard it elsewhere on twitter or a podcast too.