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I know what Cardano is because I've heard of it through the Haskell community. I bet most people have not. How do you sift through the thousands of ridiculous c
by bojo 4y ago
I know what Cardano is because I've heard of it through the Haskell community. I bet most people have not. How do you sift through the thousands of ridiculous coins out there and say to yourself, "Oh, they probably have integrity"?
This continues to be a mystery to me as it seems no one can put themselves in the common man shoes. The common man doesn't care about tech. They don't care about the integrity behind it. They care about whether it can make them money.
List 5 coins I've never heard of and I'd probably say, "ponzi scheme" without hesitation. Do I actually know if it is? No. Does it matter? No. If the majority of shitcoins come off as a ponzi scheme, then why would anyone think something like Cardano isn't?
- willbudd 4y agoYou don't need to know or trust any underlying technology though. The only thing you need is a basic grasp of Darwinian natural selection. The "shittier" those "shitcoins" are, the quicker they'll die out. The ones that heavily incentivize early adopters might hang around longer, but they too will inevitably fizzle out if they don't offer any practical innovation. But if something has a steadily growing user base year after year, maybe it's worth some attention after all? Or you can just keep screeching "Shitcoins! Shitcoins!". I guess we can all settle for ourselves what form of discourse we consider more constructive and worthwhile.