Hacker News Reader

Comment by ESTheComposer | Hacker News Reader

Yes the corpse that just got approved for a BTC ETF with an ETH ETF on the way and with multiple companies winning lawsuits against the SEC. But sure, because it's not on HN anymore it's a corpse.

View on HN

The state of the crypto world is such that i genuinely can’t tell if you’re being satirical by using a bunch of jargon and acronyms that mean nothing in the order you used them, or not

You don’t know what an ETF is or the SEC?

No, I really don’t, and most people probably don’t. My job has absolutely nothing to do with finance, luckily.

You should probably learn what an ETF is…it’s one of the most basic investment vehicles that will grow your savings reliably over the years, and most people put their 401ks (or equivalent) into them, so yes a ton of normal people know what it is.

The SEC enforces regulation (or it’s supposed to at least) around securities passed by congress.

The real question here is if you don’t even know a basic finance term like ETF, why are you trying to talk down to my statement and crypto when you clearly have no knowledge of the sector? It’s just ignorant

I wasn’t talking down the financial aspect of your comment, I was saying that the language you use is so idiosyncratic with that community that, in being an outsider, I can’t tell if you’re making fun of it, or are a part of it. “…basic investment vehicles that will grow your savings reliably…” this is what I’m talking about.

Also I’m not American so it’s not reasonable to expect me to know what the SEC is, and I don’t have a 401k. We have an entirely different retirement system in my country.

Reply on news.ycombinator.com