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A great deal of the discussion here is surprisingly not smart because it's presuming that the current technical landscape is the forever technical landscape (i

by jrm4 4y ago

A great deal of the discussion here is surprisingly not smart because it's presuming that the current technical landscape is the forever technical landscape (i.e. mostly a presumption that looks like "Crypto, the entity, is just like BTC is today".). I find it very strange because I feel like we've been able to do project out to "better working technology" quite well in the past. Supply and demand, y'all. Will at least some people have a use case for crypto? Yes. Can we use the example of bitcoin and other crypto's to relatively safely assume that in the future, there will be a cryptocurrency that more-or-less does what it says on the tin? I think it's silly not to. START from that point in your discussions, because it's probably coming.

mattwilsonn888 4y ago
There's a reason the mostly unsavvy crypto skeptic hates the idea of crypto improving: they cannot financially capitalize on it. Every new crypto project claims to be the second coming. There are no stable heuristics which don't get exploited by the next wave of marketing. The only way to make good bets in crypto is to deeply understand what teams are working on and make intelligent judgements. What broad crypto skeptics don't understand is that every alt-coiner shares their critical point of view, but has the know-how to attempt (or pretend to attempt) a solution to those problems.
- jrm4 4y ago
  Absolutely. And I know I'll get clowned for mentioning him but gonna do it anyway: This is why I find Richard Heart so interesting if you believe his motives. His claim is "I'm already rich, so it's not about money, I actually want to improve on Satoshi's work and make a good crypto." (I fully understand why one would absolutely not believe his motives given his appearance, but I'd encourage people to consider it anyway. I actually believe him and am throwing some money in his projects. THAT BEING SAID, I am NOT putting any money in crypto that I can't stand to lose and I personally do not believe anyone should)

by jrm4 4y ago

mattwilsonn888 4y ago

There's a reason the mostly unsavvy crypto skeptic hates the idea of crypto improving: they cannot financially capitalize on it. Every new crypto project claims to be the second coming. There are no stable heuristics which don't get exploited by the next wave of marketing. The only way to make good bets in crypto is to deeply understand what teams are working on and make intelligent judgements. What broad crypto skeptics don't understand is that every alt-coiner shares their critical point of view, but has the know-how to attempt (or pretend to attempt) a solution to those problems.

jrm4 4y ago
Absolutely. And I know I'll get clowned for mentioning him but gonna do it anyway: This is why I find Richard Heart so interesting if you believe his motives. His claim is "I'm already rich, so it's not about money, I actually want to improve on Satoshi's work and make a good crypto." (I fully understand why one would absolutely not believe his motives given his appearance, but I'd encourage people to consider it anyway. I actually believe him and am throwing some money in his projects. THAT BEING SAID, I am NOT putting any money in crypto that I can't stand to lose and I personally do not believe anyone should)