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Crypto. Lots of projects high on buzz-words but low on competence and value creation potential are highly valued, while lots of projects low on buzz-words and
by Vinceo 7y ago
Crypto.
Lots of projects high on buzz-words but low on competence and value creation potential are highly valued, while lots of projects low on buzz-words and high on competence and value creation potential are lowly valued.
When the pendelum swings, a few clever wolves will get filthy rich while the masses lose their shirts.
As always.
- jolmg 7y agoIs there money in crypto? I thought the industry heavily favored open source crypto software like ssh, openssl, gpg, etc. Or are you talking about stuff like Protonmail that incorporate crypto into their services, like how they advertise that their client encrypts mail before sending it to their server?
- 0x31a 7y agoThe parent post is referring to cryptocurrencies, not cryptography in general.
- jolmg 7y agoIt's interesting how the word-root crypto (meaning "hidden" or "secret") is used as a prefix to mean "cryptographic", but when used alone it's supposed to somehow mean currencies, as if there were some part of the word-root "crypto" that is related to currencies. If "cryptocurrency" is too long, can't one say "currency"? It seems more correct.