4 ms·
That's good to hear. I don't invest in crypto, and it sucks that some unreputable companies are impacting the space, but at least there is a relatively safe hav
by bostonsre 4y ago
That's good to hear. I don't invest in crypto, and it sucks that some unreputable companies are impacting the space, but at least there is a relatively safe haven where people that do invest can avoid scams.
- foobarian 4y agoHonestly I think it's unfortunate that crypto turned into such a big investing platform. The whole point of something like BTC was that it would be a currency, not an investment. When filling a tank from zero, there is inevitably a lot of growth at first. I think this is what happened to BTC and attracted a lot of the wrong kind of usages. I wonder if when the ecosystem reaches an equilibrium it will become better at being what it promised originally.
- bostonsre 4y agoYea, I didn't really understand the hype wave/gold rush that turned it into an investment, so it seemed risky to invest. I did use it way back when in college as a currency on a site that no longer exists and it seemed to be a stable and pretty useful payment method at the time. But yea, maybe it will stabilize and become a currency again when enough apathy sets in or maybe when/if it becomes regulated.
- Auracle 4y agoI honestly think the use case of a deflationary store of value makes more sense now than ever. Inflation is bad, it seems somewhat likely the stock market might tumble even more at some point relatively soon, etc. It would be a great way to park your money to ride out bad economic times if it wasn’t for the fact that people seemingly tie it to the overall economic attitude for no good reason.