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I think we're talking past one another. I'm sure there's plenty of ways to make money by flipping various crypto assets. Where we disagree is our value judgeme
by malermeister 5y ago
I think we're talking past one another. I'm sure there's plenty of ways to make money by flipping various crypto assets.
Where we disagree is our value judgement of that. I just don't see that as being useful per se, imo there's enough ways to move numbers around using computers already, a novel one can't really get me all that excited, especially considering its resource cost.
I have yet to see a good argument for crypto that doesn't boil down to that.
I think it's one of those "when you have a hammer, everything looks like a nail" scenarios. Marketplace volume isn't a good in itself if the markets don't do anything useful and waste a bunch of energy, but to people bought into crypto and capitalism really deeply it seems to be enough to get excited.