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I was an early adopter of bitcoin (2012) and I'm pretty over it at this point. It hasn't managed to do much more than be fancy digital gold. I don't find gold
by dwaltrip 4y ago
I was an early adopter of bitcoin (2012) and I'm pretty over it at this point.
It hasn't managed to do much more than be fancy digital gold. I don't find gold very interesting. It isn't a productive asset. It's just a shiny rock that people lock up in a vault. It doesn't benefit society.
And as financial instruments, both bitcoin and gold are deflationary, which seems quite bad.
I still have a bit of hope for some actually useful stuff to come out of the defi / smart-contract space. But I'm still fairly skeptical. There is a lot of noise and little signal.