Why do so many people love to play with cryptocurrency?

Recently, my son asked me an interesting question: "Why should I read more?" I answered: "If you read books, you will know what blockchain, cryptography, decentralization, distributed ledger, consensus mechanism, double spending, fork, smart contract, hash value, token, lightning network, proof of work, private key... If you don't read books, you will only say: Oh my god, it fell again!"

This passage not only emphasizes the importance of knowledge, but also reflects the mentality of many people who are engaged in cryptocurrency at present.

So, why do so many people love to play with cryptocurrency?

The pressure of life in Shenzhen and the temptation of cryptocurrency

I live in Shenzhen and my salary is 30k, which is the average level of this city. Monthly fixed expenses include:

Rent: 4k Food expenses: 6k Transportation expenses: 1k Clothes and social expenses: 5k

In this way, I can save about 1.4k per month. The average house price in Shenzhen is 60,000 yuan. To buy a 50-square-meter house, you need 3 million. If I save money honestly according to this income, it will take about 30 years to afford it; if I choose to take out a loan, it will take 50 years, which is almost a person's lifetime.

Faced with such huge economic pressure, I don't want to run around for a house all my life. Therefore, I put the remaining money into some high-risk but potentially higher-return areas, such as "cryptocurrency". Although the risk is high, these investments are part of my pursuit of my dream. Just like a middle-aged uncle buying lottery tickets, although the results may not be satisfactory, at least I can try.

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