Moshe-Mordechai van Zuiden
Psychology, Medicine, Science, Politics, Oppression, Integrity, Philosophy, Jews

Understanding cryptocurrency by not knowing too much

Sometimes, very intelligent people get misled by an excess of knowledge. They feel they are right while every simpleton intuitively knows that they’re wrong.

Cryptocurrency is money based on nothing. When it comes down, it will crash as if it is based on nothing. You know, skeptic are right, sometimes.

Could millions of people, who heavily invest in this, be wrong? Sure!

My father used to say cynically about people giving advice while lacking even basic knowledge: Not inhibited by a surplus of knowledge. Well, in this case this might actually be an advantage. How so?

Well, it’s simple. Sometimes, when you don’t know too much about it, you may be able to see the wood for the trees, while others who see every tree in the forest might not see the big picture anymore.

Moreover, it could be an advantage to know nothing about something that is rooted in darkness, shade or nothing. Cryptocurrency is the promise of the future and … could always stay that. But more likely, it will collapse until the only thing left will be an entry in Wikipedia.

People who now advertise their richness from cryptocurrency will be still counting money while you count your losses. How do I know?

How can I be so sure that cryptocurrency will be a disaster for almost all of the “investors” in it and at most a success for only a few?  This comes from this superficial insight:

When some win big (say: you), there are two possibilities: 1. Or you won nothing – they are just conning you. 2. Many others lost big.

There are two things that you don’t want: A. Be one of many serious losers. B. Have caused a lot of people lose a lot of their money to you while you did nothing for them (big theft).

And making fun of the accusation that they are con artists does not prove that they are not. If it’s too good to be true, it usually is. Sorry.

Try believing in U.F.O.s or anything else that does not cost you your savings or other hard-won financial stability.

About the Author
The author is a fetal survivor of the pharmaceutical industry (DES - Diethylstilbestrol), born in 1953 to two Dutch Holocaust survivors who met in the largest concentration camp in the Netherlands, Westerbork, and holds a BA in medicine (University of Amsterdam). He taught Re-evaluation Co-counseling, became a social activist, became religious, made Aliyah, and raised three wonderful kids. He wrote an unpublished tome about Jewish Free Will. He's a vegan for 8 years now. * His most influential teachers (chronologically) are: his parents, Nico (natan) van Zuiden and Betty (beisye) Nieweg, Wim Kan, Mozart, Harvey Jackins, Marshal Rosenberg, Reb Shlomo Carlebach and lehavdiel bein chayim lechayim: Rabbi Dr. Natan Lopes Cardozo and Rav Zev Leff. * Previously, for decades, he was known to the Jerusalem Post readers as a frequent letter writer. For a couple of years he wrote hasbara for the Dutch public. His fields of attention now are varied: Psychology (including Sexuality and Abuse), Medicine (including physical immortality), Science, Politics (Israel, the US and the Netherlands, Activism - more than leftwing or rightwing, he hopes to highlight Truth), Oppression and Liberation (intersectionally, for young people, the elderly, non-Whites, women, workers, Jews, GLBTQAI, foreigners and anyone else who's dehumanized or exploited), Integrity, Philosophy, Jews (Judaism, Zionism, Holocaust and Jewish Liberation), Ecology and Veganism. Many people can't understand or like him because he has such a wide vision that he never fits any specialist's box. But that exactly what others love about him. Many of his posts relate to affairs from the news or the Torah Portion of the Week or are new insights that suddenly befell him. * He hopes that his words will inspire and inform, reassure the doubters but make the self-assured doubt more. He strives to bring a fresh perspective rather than bore you with the obvious. He doesn't expect his readers to agree. Rather, original minds must be disputed. In short, his main political positions are: anti-Trumpism, for Zionism, Intersectionality, non-violence, democracy, anti the fake peace process, for original-Orthodoxy, Science, Free Will, anti blaming-the-victim and for down-to-earth optimism. Read his blog how he attempts to bridge any discrepancies. He admits sometimes exaggerating to make a point, which could have him come across as nasty, while in actuality, he's quit a lovely person to interact with. He holds - how Dutch - that a strong opinion doesn't imply intolerance of other views. * His writing has been made possible by an allowance for second generation Holocaust survivors from the Netherlands. It has been his dream since he was 38 to try to make a difference by teaching through writing. He had three times 9-out-of-10 for Dutch at his high school finals but is spending his days communicating in English and Hebrew - how ironic. G-d must have a fine sense of humor. In case you wonder - yes, he is a bit dyslectic. November 13, 2018, he published his 500st blog post with the ToI. * He likes doing age-appropriate and age-inappropriate things and looks forward to getting to know his timeless mature out-of-the-box soul mate. * To send any personal reaction to him, scroll to the top of the blog post and click Contact Me.