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>I guess my question is, what is the end game? Doesn't someone end up at the bottom of the pyramid so to speak I think there's a chance a handful of blockchain
by hackinthebochs 9y ago
>I guess my question is, what is the end game? Doesn't someone end up at the bottom of the pyramid so to speak
I think there's a chance a handful of blockchain projects will have enough utility to be sustainable long term, but almost certainly not at the valuations that are common currently. But the vast majority of them have zero long term value. The way I see it crypto is winner-take-most. There's room for one "currency" that can potentially have a Trillion+ market cap, followed by a couple of niche utility projects with maybe around 100M market cap at best, and the rest are utterly worthless.