“What You Said” (Apr. 6), a Weekly Round-Up of Sentiments From the Community

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Welcome back, CoinMarketCap family! Glad to see you back here again for another week’s edition of “What You Said“! Let’s jump right in and check out some interesting responses we’ve received over the week from our polls!

Also, if you have yet to subscribe to the CoinMarketCap daily newsletter, what are ya waiting for? Join a 60,000-strong community that receives the latest crypto news hot off the press now, and get to participate in our daily entertaining polls! Your responses may even end up in the upcoming weekly “What YouSaid.”

Today’s Poll

What You Said in Last Week’s Polls

Here are some interesting responses from last week’s polls :

How much do you agree with this statement: “I consider investing in BTC to be risky”

– CoinMarketCap Daily Newsletter, 4/2/2020

The average response to the above question was 5.2.
25.0% of you voted “1,” and 18.1% of you voted ‘”10.”
Here are some “whys” and “why nots”:

• “Government could attempt to shut it down. They will not succeed but would effect the current price and participation. Thus it would become more of an underground payment system rather than mainstream.” – Yeah, regulation could be a huge thing. I do believe it won’t be a blanket ban though, but eventually there will be certain regulations in place. I think some regulation is needed for the space to flourish. 
• “Because investing in fiat currency is the same as investing in a sinking ship. You will loose the little value your fiat is supposed to have faster than you would by market volatility over the long term.” – As my man Ray Dalio says: “Cash is trash”.
• “Because the governments of many countries start printing money again (they call it “Quantitative Easing”, haha), money will devaluate. If you want to protect what you have, the only way to do that is by buying cryptos ( or gold).“ – BRRRR. And some people think its a good thing.
• “Crypto is, and has been proving itself for past 10 odd years. Certain policy/law changes has me worried if my “privacy coins” will survive, but that my only fear. I changed my mind set from seeking profit to change the broken system recently, {the mindset I had after doing initial research years ago} and it given me a new beautiful outlook.” – Yeah, despite all the stuff thrown at it over the years BTC still continues to trudge forward. That is testament to its survivability. 

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How much do you agree with this statement: “I enjoyed the Toilet Paper Token (TPT) April Fools prank”

– CoinMarketCap Daily Newsletter, 4/3/2020

The average response to the above question was 7.3.
20.5% of you voted “1” , and 51.3% of you voted “10.”
Here are some interesting responses as to why:

• “Laughter is the best medicine.” – Felt that we all needed it in this time. 
• “Definitely, was very entertaining and funny to read. The chart looked interesting as well :D” – Hahahaha you noticed that! 
• “Rare asset class, where can I get some“ – It’s out of stock 
• “It was fun, and something to take mind off of other worldly issues. Had me smiling every time I checked in. {Of course I did a screen grab for pranking the grandkids someday}” – Hahaaha, all in good fun! 

How much do you agree with this statement: “I feel good about Binance’s acquisition of CoinMarketCap”

– CoinMarketCap Daily Newsletter, 4/4/2020

The average response to the above question was 4.7.
26.7% of you voted “1.” and 22.2% of you voted “10.”
Here are some “whys” and “why nots”:

• “If I could choose 0……. ,I would. Absolutely disgusted that this site I love , use , and feel to be reliable and trustworthy is now owned by the shadiest, most fraudulent person in the whole crypto space. Oh Yeah I’m super pleased………. lmfao“ – That’s really sad to hear. All I can really say is do try and stick around, and let us prove to you that we’ll be the same (if not better). 
• “Can’t deny fact that CZ doing great stuff for crypto space, yes there slip ups, but he working hard to do good things. CMC is providing great service, the two combined will be interesting and good to see.“ – We will show the rest of the world what crypto is about. We can only ask that you continue to lend us your support!
• “You have been doing a wonderful job, however when you add more resources and help, it can only get better.“ – Exactly. Now we have a very powerful backer to accelerate this crypto revolution. 
• “Because Binance is an important player in Blockchain enviroment, but I couldnt avoid to think about independence of CMC. I am from Venezuela and for experience, We know is important to keep independence of referee or regulatory authorithy” – Trust me bro, we will be staying independent. Things will go on as per usual. Just that now, we have the backing of Binance to truly showcase the crypto revolution to the world.  

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