They did their own “research”. Now what?

“There’s this idea that the goal of science is consensus,” Professor Carrion said. “The model they brought was that we didn’t need conse...

“There’s this idea that the goal of science is consensus,” Professor Carrion said. “The model they brought was that we didn’t need consensus.” She noted that the women interviewed often used singular rather than plural pronouns. “It was ‘she has to do her own research’, Prof Carrion said, rather than we have to do our own. Unlike some critical health movements in the past, this was an individualistic endeavor.

The anti-vaccine rhetoric is DYOR in a purely anti-expert form. Medicine is a highly recognized field dealing with matters of life and death which, as practiced, expects great trust from patients. For a medical expert to warn of the dangers of “doing your own research” on vaccines, for example, is either preaching to converts or demanding trust where it has already been lost.

One of the attractive things about cryptocurrencies, which are an alternative to traditional financial institutions, is that the expertise is available to anyone who wants to claim it. There are people who have become rich, people who know a lot about blockchains, and people who believe in the liberating power of digital currencies. There is some recent institutional interest. But no one has been around for very long, which makes the idea of ​​”finding” your way to prosperity more believable.

Earlier this year, in a New York Times Guest Essay on DYOR and medicine, Nathan Ballantyne and David Dunning cited research suggesting that people new to the fields are, like some experts, “vulnerable to hubris”. They warn that newcomers can “quickly become unreasonably confident after just a little exposure to the subject”, a phenomenon known as the “beginner’s bubble”.

Cryptocurrency trading, unlike medicine, could represent DYOR in its purest form Nope– expert form. Virtually everyone operates in a bubble of newbies, whether they are worried about it or not, betting with each other, hoping to make money.

In crypto, the uses of DYOR are diverse and contradictory, serious and ironic sometimes within the same discussion. Breathless investment arguments for new coins are punctuated with “NFA/DYOR” (no financial advice), or warnings not to invest more than you can afford to lose, which many many people are obviously unaware; stories about getting rich are preceded by DYOR; requests for advice on which coins to hold are answered with DYOR. This is the siren song of crypto investing.

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Newsrust - US Top News: They did their own “research”. Now what?
They did their own “research”. Now what?
Newsrust - US Top News
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