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It’s not about superiority, it’s about the pie in the sky claims made by crypto, none of which have demonstrably helped real world use cases at any scale. Even
by yunohn 2y ago
It’s not about superiority, it’s about the pie in the sky claims made by crypto, none of which have demonstrably helped real world use cases at any scale.
Even taking your example coin, they’re making it production-grade, for what? How many people seriously use it? What is the real plan to adoption? Or is it just another fun tech project.
- mandmandam 2y agoEach transaction uses a tenth the energy of a credit card, confirmed in milliseconds. It's decentralized. It's secure. Isn't controlled by a shadowy entity working to hoard wealth and power backed up by military threat. Etc. Why am I doing basic research for you? These aren't "pie in the sky" "claims", they are statements of fact that can be verified by trying it out yourself. I already linked the docs if you want to know how it works, what the upcoming milestones are, what work has already been done, etc. One example of a great use case is Nano-gpt(.com), where you can try the latest AI models straight away and pay by the question. The bottleneck here is your imagination.
- yunohn 2y agoMy point about the features you claim have to do with adoption and scale. You don’t need crypto to make a more efficient payment network. Regarding nano-gpt, that’s already a solved problem. Literally all API platforms support pay-as-you-go credits. I went to your link, and I loved the irony of them asking for a 0.10$ minimum deposit - note the complete lack of crypto rates. That is par for the course for crypto apps, nobody cares what the coin conversion is - it’s just a gimmick.
- Terr_ 2y ago> nobody cares what the coin conversion is TBF, that particular data-point tends to have a "damned if you do, damned if you don't" extrapolation, ex: 1. "If sellers only care about what regular currency it can be turned into, that means it has failed as a currency because it's just an intermediate payment scheme." 2. "If sellers don't care about what regular currency it can become, that probably means it has failed as a currency because it's really just a speculative-bubble asset."
- yunohn 2y agoSure, but it’s really easy to list both - even that almost never happens.