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There are people with different attitudes on different issues. For instance, I believe crypto "dividends" or "yields" are a zero-sum game, diluting the limited

There are people with different attitudes on different issues. For instance, I believe crypto "dividends" or "yields" are a zero-sum game, diluting the limited savings of have-nots to enrich the haves. For example ETH staking, where to avoid middlemen, you have to stake 32 ETH. But I believe cryptocurrency as an asset is well worth it, for the competition it provides to national currencies. If these decide to overinflate, crypto provides you with a relatively-uninflated asset (though its value also depends to an extent on the liquidity of national currencies, as well as fickle bandwagon effects). Then again, given enough pay, I might consider helping some "entrepreneur" of the zero-sum variety.

mattdesl 5y ago
> For example ETH staking, where to avoid middlemen, you have to stake 32 ETH. end goal would be more usage of decentralized staking pools, see Rocket Pool. this way, the ‘middleman’ is a set of smart contracts; the validators (who only require 16ETH) take a slightly higher fee than stakers (who can stake as low as 0.01ETH), for their services rendered (burden of additional maintenance, technical expertise and risk involved with running a validator). But I do feel that centralized staking (CEX, Lido) poses a risk to the network.
hiq 5y ago
> But I believe cryptocurrency as an asset is well worth it, for the competition it provides to national currencies. If these decide to overinflate, crypto provides you with a relatively-uninflated asset Given their volatilities, cryptocurrencies are neither inflation hedges nor currencies. Somebody with a bunch of USD trying to hedge inflation will buy gold or real estate before they buy cryptocurrencies.