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> Cryptocurrencies are, at least from what I can see, are losing steam. Not the first time that's happened. This is like the fourth or fifth crypto winter in t
by cableshaft 4y ago
> Cryptocurrencies are, at least from what I can see, are losing steam.
Not the first time that's happened. This is like the fourth or fifth crypto winter in the past ten years or so. It will probably start coming back in a year or two.
As for Web3, there are people still quietly building out there. I think it's still pretty early, much like there wasn't much infrastructure around bitcoin three crypto winters ago. People just kept building around it, and some of those things eventually became a big deal as people slowly started accumulating coins again.
I could be wrong about the latter. Web3 might have just been a flash in the pan, although I suspect smart contracts are here to stay in some form (if not under the term 'Web3').
But I'm pretty sure crypto is going to have another bull run in the next couple of years. Maybe bitcoin won't get back up to it's current ATH of $68k, but I suspect it will at least 2x or 3x where it's at now again.
Unless something like WWIII kicks off in the next couple of years, then none of this will matter anymore.