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Or, perhaps, it's proof that the purpose of crypto in 2023[1] is not utility, it's line-goes-up. [1] And 2022, 2021, 2020, 2019, 2018, ...
by vkou 3y ago
Or, perhaps, it's proof that the purpose of crypto in 2023[1] is not utility, it's line-goes-up.
[1] And 2022, 2021, 2020, 2019, 2018, ...
- matheusmoreira 3y agoUtility? It already works. I've gotten paid for services via monero. I'd be very happy if Monero somehow turned into the stable coin of crypto. It could just hover around $150-$200 forever.
- vkou 3y agoYou can feed your dog dinner off a golden plate, but that doesn't mean the price of gold is driven by its utility.
- matheusmoreira 3y agoThe purpose of a thing is not the driver of its price. It's unfortunate that crypto's turned into speculative stocks but to say it has no purpose or utility is just wrong. It actually works.