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Years ago, I realized that blockchain tech is a solution in search of a problem, because the whole internet money thing hasn't worked out. It might turn into an
by theandrewbailey 3y ago
Years ago, I realized that blockchain tech is a solution in search of a problem, because the whole internet money thing hasn't worked out. It might turn into an asset class at some point, but it's hard for me to understand what it represents (aside from lots of math that does lots of nothing). Real estate and commodities are tangible things, and stock and bonds represent real things, too, but I'm struggling to see what Bitcoin, etc. are. Maybe something akin to forex, but forex never had the hype crypto did.
- pmulard 3y agoBitcoin and Ethereum, at a minimum, are decentralized digital gold. They are hedges against fiat currencies, which have their own set of problems and risks.