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Crypto is growing twice as fast as the Internet grew in the late 90's.[0] Let's assume history rhymes. There will be a massive crash in a few years time. Everyo
by ipnon 5y ago
Crypto is growing twice as fast as the Internet grew in the late 90's.[0] Let's assume history rhymes. There will be a massive crash in a few years time. Everyone will say "I told you so." Then all the crypto kids will be laughing to the DEX as the world catches up to them in the next two decades.
What if blockchains are the best way to conduct personal finance? Digital and physical ownership? What if blockchains are the best way to conduct Big Finance? That's quite a large market, maybe even the largest market there is to conduct. Wouldn't crypto naturally be adopted then? The comparative advantage would make it a "no brainer." It seems to me stranger that we would live in a world where the business of money was perfected in the late 20th century. Do you really think bank transfers are going to take 2 days to clear in the year 2100?
[0] https://jjo.media/articles/cryptocurrency-vs-internet-adoption https://jjo.media/articles/cryptocurrency-vs-internet-adopti...
- labrador 5y agoThings that make me pause. One of the loudest web3 critics is Stephen Deihl, who works on a private blockchain in London, presumably for traditional financiers. He doesn't advertise this. Why all the hate for work done by the new generation? Does he see them as the barbarians at the gate? https://twitter.com/dystopiabreaker/status/1470126927818067969 https://twitter.com/dystopiabreaker/status/14701269278180679...