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I tend to agree with your point of view that the utility (non-bitcoin) cryptocurrencies are something people who don't fully understand are really excited about
by georgeecollins 6y ago
I tend to agree with your point of view that the utility (non-bitcoin) cryptocurrencies are something people who don't fully understand are really excited about, but that some experts dismiss.
For me in my daily work, this manifests itself as companies that want to use more obscure currencies as a transaction method in games. I say: "That currency is not on a lot of servers, how will you protect against 51% attacks?" They say: "All transactions are also verified by trusted servers.." So does the person understand what they are talking about, or are they used to talking to people (investors / business partners) who don't have a great understanding. Doubts raised.
However: There are times when experts dismiss new things and are wrong. So I try to keep an open mind.