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Not sure whether it's gambling or not. But when you look at the half the crypto from the top 50, most of them I don't think they will ever have any realistic l

Not sure whether it's gambling or not. But when you look at the half the crypto from the top 50, most of them I don't think they will ever have any realistic level of real world adoption. They all sell some pipe dreams of future DeFi this or future IOT smart contract, etc. Sounds pretty much like just cherrypicking some niche area of use case just for the sake of differentiation, yet somehow it's worth billions of dollars in market cap. How about just focusing on delivering a p2p crypto payment that is actually cheap, fast and preferably eco-friendly like what Satoshi envisioned in the first place?

IntFee588 6y ago
> just cherrypicking some niche area of use case just for the sake of differentiation, yet somehow it's worth billions of dollars in market cap. If only there was a company that financed such ventures.
- lxgr 6y ago
  I can't imagine that all these countless coins would have been able to get VC funding. Retail investors are usually not the best at due diligence, and the current situation (economical and psychological) certainly isn't helping.
Priem19 6y ago
>How about just focusing on delivering a p2p crypto payment that is actually cheap, fast and preferably eco-friendly like what Satoshi envisioned in the first place? https://www.chia.net https://www.chia.net seems to be a promising candidate to deliver that vision. I read their “green paper” and watched some interviews, and they seem to have jumped through the regulatory hoops already, in the hope to become a legitimate use case for institutions and governments. Also, it's founded by Bram Cohen, the inventor of the BitTorrent network.
tetsuto 6y ago
You should check out Nano - it’s one of the few cryptocurrency systems that works for this. Instant payment, scales well, doesn’t use a standard block system (uses a block lattice instead), doesn’t rely on mining so is extremely green.
srphm 6y ago
exactly, top 10 that arent bitcoin are attacks not only on bitcoin itself, but on your bitcoin as well :)

IntFee588 6y ago

> just cherrypicking some niche area of use case just for the sake of differentiation, yet somehow it's worth billions of dollars in market cap. If only there was a company that financed such ventures.

lxgr 6y ago
I can't imagine that all these countless coins would have been able to get VC funding. Retail investors are usually not the best at due diligence, and the current situation (economical and psychological) certainly isn't helping.

Priem19 6y ago

>How about just focusing on delivering a p2p crypto payment that is actually cheap, fast and preferably eco-friendly like what Satoshi envisioned in the first place? https://www.chia.net https://www.chia.net seems to be a promising candidate to deliver that vision. I read their “green paper” and watched some interviews, and they seem to have jumped through the regulatory hoops already, in the hope to become a legitimate use case for institutions and governments. Also, it's founded by Bram Cohen, the inventor of the BitTorrent network.

tetsuto 6y ago

You should check out Nano - it’s one of the few cryptocurrency systems that works for this. Instant payment, scales well, doesn’t use a standard block system (uses a block lattice instead), doesn’t rely on mining so is extremely green.

srphm 6y ago

exactly, top 10 that arent bitcoin are attacks not only on bitcoin itself, but on your bitcoin as well :)