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You really seem like you're not open to having your mind changed here. You took many of the current use cases and threw it out for no reason. What would chang
by nscalf 5y ago
You really seem like you're not open to having your mind changed here. You took many of the current use cases and threw it out for no reason. What would change your mind here?
I'm not making these estimates, so you can call bullshit but I'm just saying the numbers that have been reported.
It doooooes a lot actually. There are a lot of financial transaction tools, which are not reasonable to throw away. Ethereum alone is on pace to settle trillions this year in transactions. NFT's are a substantial market, and are more than just selling a jpeg (which is a massive business in and of itself). They're the more abstract idea of introducing uniqueness through scarcity into a system that is fault tolerant, distributed, and secure (without having to build that system).
Some of the best use cases I've seen are from Vechain (I invested in this project). Vechain does supply chain tracking, which you also threw away for no good reason, and they're currently live in the real world working with real companies. You can go into a Walmart in China and interact with their food supply chain tracking system today. They also just launched a covid vaccine passport for the San Marino government. There are video games being built on their ecosystem, just like there are on many other cryptocurrencies.
Comparing incremental advancements in technology to the fundamental creation of the internet and ecommerce isn't a valid argument for saying crypto isn't useful. Electric vehicles are junk because it's not a personal spaceship.
No one is saying we'll find a use case eventually. People were saying that 5 years ago, there are already use cases and people are building billion dollar companies in those spaces faster than Amazon grew to a billion dollars. You clearly have not been keeping up with this field, and throwing out anything that didn't fit into your narrative. You should try to revisit it with an open mind.