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Besides an exchange, what company is doing well right now in the crypto space?
by throwawayq3423 2y ago
Besides an exchange, what company is doing well right now in the crypto space?
- aryan14 2y agoPolymarket, Bitrefill, Stake
- throwawayq3423 2y agoGambling, money laundering, and more gambling. This is just a repeat of all the companies that promised people could get rich using them, then the price collapsed and they all died.
- aryan14 2y agoQuestion was asking for companies doing well that weren’t exchanges.
- throwawayq3423 2y agoTrue, I had just responded to another comment with this so I had a chuckle. > What denial? It is an excellent way to gamble or launder money. That's not changed, but it's not expanded either.
- throwme_123 2y agoLess money laundering than cash obviously
- throwawayq3423 2y agoThere is no such thing as an all cash startup.
- paxys 2y ago2 out of the 3 companies you listed have nothing to do with crypto.
- tim333 2y agoPolymarket and Stake use crypto on the backend to facilitate the gambling. It's actually quite functional for that speaking as someone who's used Polymarket.
- throwawayq3423 2y agoYes, both only legal because of their offshore status. Mainstream adoption seems farther away due to this recent price spike. The money is attracting the wrong people, as it usually does.
- monero-xmr 2y agoL1 blockchains, Monad being a recent success. But blockchain = finance. That is what the use case for blockchain is. Anything will be either platforms to host financial assets, the assets themselves (interesting tokens), or applications to trade / lend / lever up on assets. It's protocolized, open-source finance.