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Payments, store of value, and NFTs I don't think has turned to shit. Distributed computing I don't know much about, but if you're talking smart contracts that
by BLKNSLVR 4y ago
Payments, store of value, and NFTs I don't think has turned to shit.
Distributed computing I don't know much about, but if you're talking smart contracts that seems to be pretty healthy and well, but if you're talking decentralized AWS then I think there's a ways to go before that's a realistic expectation.
Payments, can work well in certain scenarios and better / worse for different cryptocurrencies. Cross border large value transfers Bitcoin can still be a cheaper and faster option than some (countries) banks.
Store of value is an interesting one, more so because we're (maybe?) near a local bottom down 80-odd percent from all time highs, but on a single line from inception to now, it's outperformed much of the stock market (I have no direct citation for this, but have heard it from a number of not necessarily trustworthy sources).
The whole stock market being down a large percentage takes some of the stink off Bitcoin's store of value argument as well.
Gold seems fairly consistent; boring, but boring can be good as an investment or store of value.
NFTs, that's all just in fashion mode at the moment, the new application of cryptocurrency / blockchain. Better applications of NFTs will surely appear.