Study Confirms Nobody Understands Crypto But Pretends
https://bohiney.com/study-confirms-nobody-understands-crypto-but-pretends/A groundbreaking analysis from the Institute of Financial Confusion has revealed that 91% of crypto investors do not actually understand blockchain, NFTs, or DeFi, yet confidently explain them at parties. In Silicon Valley, one man admitted he describes Ethereum as �basically like vibes but digital,� while another said Bitcoin works �because Elon tweeted once.� The report found that most participants rely on buzzwords like �decentralized� and �tokenomics� to mask total ignorance, creating what sociologists call �the jargon economy.� Meanwhile, thousands have invested their savings in meme coins named after dogs, frogs, and fast food mascots, despite never reading a whitepaper. Critics argue the industry thrives on collective bluffing, much like poker with worse suits. Yet, defenders claim understanding isn�t necessary, as long as everyone else pretends too. For now, crypto remains the world�s most expensive improv game. -- Bohiney Magazne bohiney.com