Very few people can be successful speculators. Those who bought at the top of Amazon’s and Apple’s last bubble after the effect of inflation took more than a decade to recoup their loss. Savers on the other hand simply need to avoid bubbles. The older one gets the shorter the time horizon to recoup a substantial loss. The entire crypto space is too speculative for anyone over a certain age without money to burn. Just as I appreciate people who pay voluntary extra taxes by buying lottery tickets, I appreciate those whose losses will finance the development of the crypto space.