3 ms·
I can only speak for myself but I built software in the cryptocurrency/blockchain space for about 5 years before I held any as an investment. For me, the incen
by wanderingbort 4y ago
I can only speak for myself but I built software in the cryptocurrency/blockchain space for about 5 years before I held any as an investment.
For me, the incentive was to learn about the tech for the sake of the tech. I actually wasn’t a believer in cryptocurrency as a long term useful concept. I was building into spaces that would benefit from immutability and transparency where accountability was low (high risk businesses and government transparency)
Really, it is something independent of the tech that allowed me to turn a corner on cryptocurrency. I accepted that large groups of believers can “create” value based on nothing but their shared willingness to continue to believe.
Bitcoin and Ethereum have such a critical mass of believers IMO. I wasn’t sure that the tech stack would live up to the hype but I was no longer worried that the price would drop to zero.