4 ms·
It's wild to me the top comments on HN are still "crypto has no actual use case," despite the literal billions of actual dollars ($) being transacted every day
by carlosdp 5y ago
It's wild to me the top comments on HN are still "crypto has no actual use case," despite the literal billions of actual dollars ($) being transacted every day through projects like Uniswap, Axie Inifinity (a video game), and the plethora of DeFi apps and NFT projects out there.
Despite the massive UX problems that still exist.
It's willful ignorance at this point. Like, I get it, I was a crypto skeptic for a good while, I still think Bitcoin on its own is massively over-valued and doesn't actually accomplish it's original stated goals. But we're way past Bitcoin at this point, the evolution has been neck-breaking in speed. At this point, it's pretty obvious what problems it solves if you actually take an hour to earnestly learn about what's in the space (especially outside of finance).
If your best take on it is "it's all a scam", I highly encourage you to crack open some blog articles and actually explore some projects before writing off what I'm 100% confident at this point is the future of the internet.
- mgh2 5y agoPlease enlighten us: provide resources I am sure the HN community will be open to actual proof - not marketing material please Note: The fact that this comment was downvoted says something
- TimJRobinson 5y agoBest resources I found for understanding Decentralized Finance (Which I think is the most interesting thing in decentralization right now, from a tech perspective) Finematics on Youtube - https://www.youtube.com/c/finematics https://www.youtube.com/c/finematics Bankless Podcast - http://podcast.banklesshq.com/ http://podcast.banklesshq.com/ Modern Finance (by Kevin Rose, also covers NFT's a lot) - https://modern.finance/ https://modern.finance/
- basch 5y agoan example of an interesting article from today https://www.notboring.co/p/solana-summer https://www.notboring.co/p/solana-summer the fourth picture down (the TPS Chart) probably has every current relevant name on it, from a current size and momentum perspective. binance smart chain, cardano, solana, avalanche, polkadot are all locked in a battle to dethrone ethereum. Now its a question of what wins, the incumbent, the fastest mover, the most advanced tech, the shiniest, the most colorful, the coolest name, the loudest. If/when multiple survive in the long run, which niche do they each occupy.
- stiltzkin 5y agoI highly believe this space is moving to the metaverse too, and many non-believers are going to get a reality check in the future.