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Yes, definitely it is worth getting into. With your background it may be hard at first but you'll quickly start seeing what things are more so then even long-ti
by TheColorYellow 5y ago
Yes, definitely it is worth getting into. With your background it may be hard at first but you'll quickly start seeing what things are more so then even long-time crypto bros. In what role? Thats a bit harder.
For starters, lets pretend like you don't want to be a black hat, because thats a pretty poor way to make money. Not even sure if its lucrative.
For more serious work, either as a contractor or direct hire, there are only a few shops really worth working with/for right now. But they definitely exist. The challenge is their funding streams arent as steady as the market would make it seem. Although they may be doing swell right now they will definitely be hurting when the market turns again. Its a classic world of startups made complicated by even more volatility than the traditional market place for startups.
Despite what HackerNews may believe, this is definitely a space of innovation and future promise. Simply look the numbers, play with some of the major applications, compare it to its traditional variants, and make a judgment yourself. Its hard not to see the potential if you can look deeper than superficial comparisons.
If you really want to go through this route: Read the Bitcoin white paper, research some of the arguments for and against central banking, sound money theories versus lender of last resort and credit elasticity, and money as a memory theory. Then read the Ethereum white paper, play with Metamask and some Dapps, compare the pros and cons with your regular banking or finance experiences, and then start looking at some of the more complex systems and Dapps in the space like Uniswap, MakerDAO, AAVE, and others. At that point, you should have more than enough ammo to see the forest and the trees as you'd like.