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The last bull saw the rise of all kinds of new technologies which will enable the use cases people were talking about (Avalanche is my favorite example, but the
by swalsh 3y ago
The last bull saw the rise of all kinds of new technologies which will enable the use cases people were talking about (Avalanche is my favorite example, but theres some new stuff like SUI coming). The thing web3 did absolutely right is create a true interchangeable format (ie tokens) the downside is this technology has been developing sooooooo slowly. Whenever people start to get hope the technology might be ready for use, the gambling use cases rise to the top and dominate. I think crypto is also dominated by a certain hardline techy. Or at least it's critics are. Crypto should be working side by side with traditional finance. Instead they view it as their enemy. FTX US is an example of how regulation can be good (the funds on FTX-US were more or less unmolested) yet most crypto people seem to argue against any regulation at all. It will be their demise.