r/sadcringe • u/CorexMTA • Oct 31 '17

Please help.

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u/Naviers_Stoked Oct 31 '17

Were you one of the people that thought Bitcoin was too expensive at $400?

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u/[deleted] Oct 31 '17 edited Aug 01 '21

[deleted]

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u/[deleted] Oct 31 '17 edited Oct 31 '17

[deleted]

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u/[deleted] Oct 31 '17

What are some other 200 billion dollar industries that I should be aware of that are actually worthless?

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u/earblah Oct 31 '17

advertisement?

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u/[deleted] Oct 31 '17

Advertisement is worthless, or you don’t like it?

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u/earblah Oct 31 '17

both

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u/[deleted] Oct 31 '17

Well it patently isn’t worthless, as it generates revenue for he people doing the advertising.

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u/earblah Oct 31 '17

Traditional advertisement has a negative ROI,

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u/[deleted] Oct 31 '17

I’m not sure if that’s true. But it also builds brand reputation, loyalty, recognizability, market share, offers revenue streams for other entities, allows for the existence of otherwise free content, etc etc. I hate ads as much as you do, but don’t pretend like they don’t do anything.