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yep pretty much. I'm saddened by this, and I wonder how many people are accepting of HN take and not DYOR enough to realise there's real opportunity there. I me

by sprafa 5y ago

yep pretty much. I'm saddened by this, and I wonder how many people are accepting of HN take and not DYOR enough to realise there's real opportunity there. I mean there are kids becoming mil/billionaires on blockchain dApps overnight, building real value. But HN is dead set on ignoring them.

smt88 5y ago
> I mean there are kids becoming mil/billionaires on blockchain dApps overnight Which dApps? How many users are there? And why can't that dApp be built on traditional stacks? > building real value Haven't seen any of this yet. I've seen speculation on coins, and then there are many layers of financial products built on top. The application space is essentially non-existent as a use-case.
- sprafa 5y ago
  Getting a loan on DeFi is a real use case.
- chrisco255 5y ago
  https://defipulse.com/ https://defipulse.com/ This site shows the top DeFi protocols and their locked value in their smart contracts. It's hardly exhaustive but just visiting and researching the top 10 or 15 will be instructive for you. Axie Infinity the game has hundreds of thousands of users and growing like crazy. Tens of millions at least own some cryptocurrency. Ethereum has more than 1 million active wallet addresses and it's growing on an exponential curve. https://www.benzinga.com/markets/cryptocurrency/21/07/21824042/number-of-active-ethereum-wallets-now-surpasses-bitcoin-data-shows https://www.benzinga.com/markets/cryptocurrency/21/07/218240... You probably haven't seen it because you are following HN and mainstream news and expect to be informed on it through their filter. The main success stories I would point out are Uniswap, Sushi, Aave, Compound, Maker, Synthetix, Liquity, OpenSea, Rarible, Sandbox, Decentraland, Aavegotchi, Audius, Matcha, Zapper, and more than I can list to be honest. It's a bit like trying to explain all the interesting use cases of the internet to an early dot com skeptic.
  - sprafa 5y ago
    Thank you. Thank you. The Hn filter is brutal. It might be costing people the opportunity of their lifetime.

by sprafa 5y ago

smt88 5y ago

> I mean there are kids becoming mil/billionaires on blockchain dApps overnight Which dApps? How many users are there? And why can't that dApp be built on traditional stacks? > building real value Haven't seen any of this yet. I've seen speculation on coins, and then there are many layers of financial products built on top. The application space is essentially non-existent as a use-case.

sprafa 5y ago
Getting a loan on DeFi is a real use case.
chrisco255 5y ago
https://defipulse.com/ https://defipulse.com/ This site shows the top DeFi protocols and their locked value in their smart contracts. It's hardly exhaustive but just visiting and researching the top 10 or 15 will be instructive for you. Axie Infinity the game has hundreds of thousands of users and growing like crazy. Tens of millions at least own some cryptocurrency. Ethereum has more than 1 million active wallet addresses and it's growing on an exponential curve. https://www.benzinga.com/markets/cryptocurrency/21/07/21824042/number-of-active-ethereum-wallets-now-surpasses-bitcoin-data-shows https://www.benzinga.com/markets/cryptocurrency/21/07/218240... You probably haven't seen it because you are following HN and mainstream news and expect to be informed on it through their filter. The main success stories I would point out are Uniswap, Sushi, Aave, Compound, Maker, Synthetix, Liquity, OpenSea, Rarible, Sandbox, Decentraland, Aavegotchi, Audius, Matcha, Zapper, and more than I can list to be honest. It's a bit like trying to explain all the interesting use cases of the internet to an early dot com skeptic.
- sprafa 5y ago
  Thank you. Thank you. The Hn filter is brutal. It might be costing people the opportunity of their lifetime.