One of the great sacrifices of subjecting kids to school is that it trains them to ask for permission for everything, from turning in work late, to changing to a different class, to more mundane things like going to the bathroom. It's a tradeoff, of course: condition kids to seek permission for everything, and by doing so enable a system to exist where they receive an education.
Maybe that's a worthwhile tradeoff, and maybe it's not. But the real harm in it, in my opinion anyway, is that when we leave school, we're still in the habit of asking permission for everything. That's dangerous.
A manifestation of this that I come across with frequently is the questions that people send me by email. Here's a paraphrased template, which covers a good 60%+ of the emails I get from strangers:
In 2009, probably within the first couple months of its existence, I downloaded the Bitcoin client and began mining bitcoins. Back then it was really easy-- you could get hundreds of Bitcoins per week for free, but they weren't worth anything. Not wanting to waste my time, I deleted the Bitcoin client, and any bitcoins I had mined went along with it.
Last March I thought about Bitcoins again and decided to check up on them. As I read about the progress that had taken place in the preceding years and learned more about the technical aspects of Bitcoin, I was blown away. This is going to change the world, I thought.
So I bought a few when they were around $30 a coin, a few more at $80, and then again at $110. I'm not a Bitcoin millionaire or anything awesome like that, but percentage-wise, it's the best return I've ever gotten on anything. In case you don't fanatically check the price like I do, it's at around $825 per coin as I write this.
I'm going to write the rest of this blog post to explain why I think it's important that you buy some Bitcoins, but take it all with a grain of salt. I do know a fair amount about Bitcoin, but I don't know much about investing or, more importantly, your financial situation.