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Can't wait for the crypto bubble to pop so can stop hearing about it. No intrinsic value = doomed to fail. Crypto has crashed 80% even when economy was otherwi
by adam_arthur 5y ago
Can't wait for the crypto bubble to pop so can stop hearing about it.
No intrinsic value = doomed to fail. Crypto has crashed 80% even when economy was otherwise strong. Imagine what it would have done during the GFC?
It's inevitable the entire leveraged, lending, shitcoin, tokens, whatever will epically collapse. Because at the end of the day they are useless bits on a machine that provide no real world value. When shit hits the fan people will come to this conclusion and sell it first above any other asset.
Every "use case" is just a self referential web of perfectly valid technology obscuring the fact that there is no intrinsic value in the application or tie to the real world.