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I understand this. While you are right, there are some properties of these assets that can help us predict what could become a store of value: is it durable? is
by nadam 5y ago
I understand this. While you are right, there are some properties of these assets that can help us predict what could become a store of value: is it durable? is it easy to transfer? is it easy to censor? is it inflationary? also you can examine the network effect related to the asset. By developing new technical features, you can increase the chance of an asset to become a store of value. That's why researching proof-of-stake algorithms is meaningful. Not as important as to find cure for cancer? Maybe. But still meaningful. Lots of people on HN claim that it is totally bullshit, which is a strong opinion imho...
- bob33212 5y agoDo you mean proof of stake? If so, yes there is potential for new technologies to come out which could cause crypto to have more real world use cases and then cause the value of crypto to society to be higher. But we have been hearing about how crypto is "the future" for 10+ years. At what point is this future actually going to exist?