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I’ve been hearing that use case for crypto for a decade now. I don’t see people using crypto that way, they overwhelmingly use existing services which are chea
by faeriechangling 4y ago
I’ve been hearing that use case for crypto for a decade now. I don’t see people using crypto that way, they overwhelmingly use existing services which are cheaper and work fine the overwhelming majority of the time. People ignore this and speculate trillions into crypto.
My issue is that people don’t even need to see crypto actually succeeding at the use cases people talk about to be considered a good investment. People will invest in crypto regardless. I believe crypto does have value but the valuation in no way matches the actual present day value of the crypto or even a plausible projection of its future value. People just say “crypto to 100 trillion! Smart contracts!” and nobody has to see any real results that justify those numbers.
Why should I be impressed that something has potential? Many things have potential.