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Claim 1: Crypto is a Bubble (Confidence: High) Sure. All tech rushes go through a bubble. Claim 2: Blockchain technology has no non-monetary applications (Conf
by SubiculumCode 5y ago
Claim 1: Crypto is a Bubble (Confidence: High)
Sure. All tech rushes go through a bubble.
Claim 2: Blockchain technology has no non-monetary applications (Confidence: High)
Gambling is definitely a non-monetary application of smart contracts and oracles that is truly viable as a product.
*Claim 3: Future monetary use of blockchain technology will be minor (Confidence: Medium)
There are many forms of crypto, and many are not immutable. Many have systems of governance that allow for changes in monetary policy, just like in a fiat currency.