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> > Not as long as the governance issue I described exists, no. Things would get worse on average over time but nobody would have any way to fix that. I don't
by shreyshnaccount 4y ago
> > Not as long as the governance issue I described exists, no. Things would get worse on average over time but nobody would have any way to fix that.
I don't know the reasoning behind this, would love to understand in depth, but you're probably right.
>> don't know what you mean by this. I'm taking about how when everyone had excess cash (not excess value) then they spent it on things like NFTs, while a part of the craze saw new money buying NFTs like old money buys yatchs (to get into an exclusive club), a lot of people followed the hype by putting their money into an "asset" that has lost staggering amounts recently as a recession looms ahead because it mostly solves no real problem and creates no real value.
Nice talking to you!