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Well, crypto is either going to be a huge success or a big flop. Whichever it is, whoever was espousing that side of the story will feel vindicated and talk abo
by pontus 5y ago
Well, crypto is either going to be a huge success or a big flop. Whichever it is, whoever was espousing that side of the story will feel vindicated and talk about how it was obvious all along. Sadly(?) I belong to neither camp. I definitely see how clever the underlying technical/mathematical ideas are, but I also have a feeling in my gut that this is just smoke and mirrors (although, I have similar feelings for other assets like the USD and gold).
Are there others out there who are also not sure? It seems like every time I see this debate, I just see hardcore people on one side yelling at the hardcore people on the other side telling them how stupid they are (in very eloquent ways, of course).
Is it really that obvious that this is a good/bad idea?
- 52-6F-62 5y agoI’m in the not sure camp. I’ve had more positive gut feeling about some projects over others. I can’t stand tech bro culture in general so most of it turns me off pretty easily. I think there may be something there, but that the current state of “crypto” isn’t it. I’m encouraged to see discussions happening around banking and other open financial processes there. People who just can’t gain access to market where money they make can actually accumulate and help them are usually invisible. I want to see something come of that. These are expensive lessons, though—financially, ecologically, and socially.