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Remember that the GP was about Bitcoin, not crypto as a concept. Most of the 'being worked ons' there don't apply, and in many cases, the community is hostile t
by Karunamon 5y ago
Remember that the GP was about Bitcoin, not crypto as a concept. Most of the 'being worked ons' there don't apply, and in many cases, the community is hostile to things that may solve the problems (e.g. the debate/debacle around the block size limit) for selfish reasons.
Ether's ecosystem is a lot more promising, but still has a ton of rockiness. More specifically, I'm not confident in the core usability problems being UX implementation details. People don't want to have to think this much when making mundane purchases.
Also, I'd argue just being as good as the existing systems is mere table stakes. It needs to be better (outside of being a speculation vehicle). That is one I truly don't see happening. The anonymity/uncensorability benefits are questionable, the valuation problem appears to rely exclusively on fickle market whims or corrupt centralized entities, lack of refundability is an anti-feature for the mass market (and only solvable with centralized middlemen, which obviates half the reason to be using a crypto in the first place!)