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> The interesting thing about crypto to me is how there seems to be a deep divide among very smart people, some who think it's the greatest thing ever and some
by PragmaticPulp 5y ago
> The interesting thing about crypto to me is how there seems to be a deep divide among very smart people, some who think it's the greatest thing ever and some who think it's a fraud.
Most people, even web3 proponents, seem to agree that the current crop of web3 companies is largely scammy or without real value propositions beyond speculation. It's actually hard to argue otherwise when you look at what's out there.
You also have to look very closely at financial interests. There are a lot of "smart people" who invested heavily in web3 tokens and have a vested interest in hyping them to the moon.
- twblalock 5y agoAt some point people need to realize that building a platform that primarily enables hucksters and scammers is not a good thing to do. Unless there is a reason to believe that somehow the scams will be outdone by legitimate use cases, the platform should be abandoned.