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> And yet that adoption process took around 300 years. People used ledgers right after they were created, by definition, and long enough to go through all thes
by hiq 4y ago
> And yet that adoption process took around 300 years.
People used ledgers right after they were created, by definition, and long enough to go through all these years without that practice disappearing and without speculation to prop them up. So they brought value from the very beginning. Speculation prevents this logic from applying to blockchains (the value is making money by extracting it from gullible users).
> the trend
Which trend? If anything it's stagnant with just more scams, I still don't know anyone who uses cryptocurrencies for anything other than speculation.
- CryptoPunk 4y ago>>Which trend? 1. Uniswap now has deeper liquidity on several major trading pairs than the leading centralized crypto exchanges, including Coinbase and Binance: https://uniswap.org/blog/uniswap-v3-dominance https://uniswap.org/blog/uniswap-v3-dominance 2. The volume of stablecoins on the blockchain is growing rapidly, notwithstanding the recent collapse of LUNA/UST: https://www.statista.com/statistics/1255835/stablecoin-market-capitalization/ https://www.statista.com/statistics/1255835/stablecoin-marke...
- hiq 4y ago> notwithstanding the recent collapse of LUNA/UST If anything, that's an invitation to wait the next financial crisis to see what really is left of the "trend".