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Too bad they have utterly failed at their stated purpose
by tomc1985 4y ago
Too bad they have utterly failed at their stated purpose
- matheusmoreira 4y agoYeah, it sucks. They turned into stocks the second exchanges showed up. The worst part is there are good projects out there like Monero but nobody really cares because price doesn't go up.
- PainfullyNormal 4y agoI can't sign off on any cryptocurrency being a "good project" unless I can easily exchange it for goods and services. I haven't found a single cryptocurrency that qualifies, including monero.
- matheusmoreira 4y agoI got paid for my services in Monero once. It was a great experience, I wish all money worked that way. Unfortunately I had to sell it for USD because of the price fluctuations.
- tomc1985 4y agoNot to mention that using a lot of these altcoins are likely to put you on some FinCEN watchlist, if it ever gets traced back to you
- matheusmoreira 4y agoWhich is why everyone should use it. What good is a watchlist if everyone is on it?
- tomc1985 4y agoIt's a chicken and egg problem. Who's going to stick their neck out long enough for "everyone" to get in on it?
- guywithahat 4y agoI think crypto got too hyped but I wouldn't say it's failed, I have used it for purchases/etc in the past with success
- matheusmoreira 4y agoMe too. I've gotten paid anonymously via Monero for a small service. Worked really well.
- tomc1985 4y ago"I think Voat got too hyped but I wouldn't say it's failed, I have had conversations on there with success" ... it's a failure. Maybe it blows up in the future... maybe.
- guywithahat 4y agoWell voat was a specific website. The idea of link aggregators hasn't failed (considering we're using one), and sites like communities.win (now scored.co for some inexplicable reason) continue to be successful even with more successful sites like reddit
- twirlock 4y ago