3 ms·
For now i think only BTC and ETH will remain, and maybe some coin that is REALLY backed by actual USDs. This is the first big clearout of the shitcoins and fra
by tacker2000 4y ago
For now i think only BTC and ETH will remain, and maybe some coin that is REALLY backed by actual USDs.
This is the first big clearout of the shitcoins and fraudcoins.
Crypto will never really die in my opinion, its just going through its infancy phase.
Real regulation is probably the thing that is the next on the horizon, in order to build up trust that was lost (or never there anyway).
Users must be sure that their coins can not all of a sudden be frozen by some shady exchange operating out of the Bahamas or wherever.
Crypto has to mature now.
- NateEag 4y ago> Crypto has to mature now. "Mature" ~= "lose the decentralized anti-regulation design that was its entire reason for existing in the first place"
- tacker2000 4y agoWell, i get your point, but as we can see this hasnt panned out in a good way. Maybe some hybrid model would work?
- NateEag 4y agoMaybe? I just don't see the point, though. Once you've said "it's gotta be under the watchful eye of the government," well... Fiat currency is a thing, and doesn't require massive computer networks with mindbendingly-complex algorithms to do. I see absolutely no advantage to the cryptocurrency design if it's going to be used and regulated in a centralized manner. Once you go there, it just seems like it's "banks 2.0, but with software that's way harder to get right."