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To be fair, the utility of crypto projects has remained primarily in theory. There is only minimal advantage to using crypto for actual payments in any legal tr
by julienb_sea 6y ago
To be fair, the utility of crypto projects has remained primarily in theory. There is only minimal advantage to using crypto for actual payments in any legal transaction, and there are some pretty glaring disadvantages (volatility for one).
Also, I'm not sure your counterpoint is that legitimate. No one is investing in gold in the hopes that it doubles or triples in value, whereas that is clearly the hopes of many BTC or ETH buyers.
- rodiger 6y agoRegardless of the scale, the counterpoint is that many of the utility-first investments listed are not, in fact, based on utility. They are speculative investments based on hopeful price increases.