Crypto doesn't fit the old picture of the world “it's not money. " "There is nothing behind it. " "It will all end when the internet goes off. " In disputes about cryptocurrencies, these sentences are heard so often that it is difficult to hear the real question behind them: why does a person who knows how to make money and run a business refuse to even understand a new financial instrument? The essay on relationship balance has a useful point: it's not always a matter of lack of time. Sometimes there is simply no free space left in the head - work, family, obligations and accumulated experience have already taken it. It's a metaphor, not a diagnosis. But it explains a lot about crypto. The old rules have already been paid. A person has spent years controlling an understandable system: the money is in the bank, the transfer is approved for payment, if something goes wrong, there is support, a lawyer, a regulator. He knows her shortcomings. Perhaps he experienced the depreciation of savings, bank failures and blocked accounts. But a bad, but familiar system is psychologically more comfortable than an unfamiliar system. And now he is asked to understand wallets, networks, private keys, fees, stablecoins and the source of funds. For the enthusiast these are new opportunities. For the busy entrepreneur, this is another area where you can make costly mistakes. "It's b*******" sometimes means "I don't want to be new again" in the regular financial system, a competent person: he has experience, connections and a reputation. In the crypt, he has to ask basic questions to someone who might be half his age. Admitting "I don't get it yet" is not easy. It is more convenient to say "everything is a pyramid": there is no need to understand anymore, and the position seems basic. It happens at twenty-five and sixty. The "old structure" is more a habit of considering the whole picture of the world than the age in the passport. But not every refusal is inertia and the skeptic also has quite reasonable questions. Who will help if access is lost? What do you do with a wrong translation? How reliable is a stablecoin issuer?

Crypto doesn't fit the old picture of the world “it's not money. " "There is nothing behind it. " "It will all end when the internet goes off. " In disputes about cryptocurrencies, these sentences are heard so often that it is difficult to hear the real question behind them: why does a person who knows how to make money and run a business refuse to even understand a new financial instrument? The essay on relationship balance has a useful point: it's not always a matter of lack of time. Sometimes there is simply no free space left in the head - work, family, obligations and accumulated experience have already taken it. It's a metaphor, not a diagnosis. But it explains a lot about crypto. The old rules have already been paid. A person has spent years controlling an understandable system: the money is in the bank, the transfer is approved for payment, if something goes wrong, there is support, a lawyer, a regulator. He knows her shortcomings. Perhaps he experienced the depreciation of savings, bank failures and blocked accounts. But a bad, but familiar system is psychologically more comfortable than an unfamiliar system. And now he is asked to understand wallets, networks, private keys, fees, stablecoins and the source of funds. For the enthusiast these are new opportunities. For the busy entrepreneur, this is another area where you can make costly mistakes. "It's b*******" sometimes means "I don't want to be new again" in the regular financial system, a competent person: he has experience, connections and a reputation. In the crypt, he has to ask basic questions to someone who might be half his age. Admitting "I don't get it yet" is not easy. It is more convenient to say "everything is a pyramid": there is no need to understand anymore, and the position seems basic. It happens at twenty-five and sixty. The "old structure" is more a habit of considering the whole picture of the world than the age in the passport. But not every refusal is inertia and the skeptic also has quite reasonable questions. Who will help if access is lost? What do you do with a wrong translation? How reliable is a stablecoin issuer?