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NFT was always a meme and crypto has proven its staying power.
by AuthAuth 10mo ago
NFT was always a meme and crypto has proven its staying power.
- protocolture 10mo agoNFT was a meme in "People are going to buy my jpeg" But as a protocol it has legs and is still used under the hood in projects. Cryptokitties was always the best monetisation use case for NFTs, and its still going.
- pessimizer 10mo agoCrypto has proven that it can bribe governments into pouring tax money into it. It still hasn't shown any use.
- AuthAuth 10mo agoThats not a reason for crypto being useless, anything can bribe corrupt governments to pour tax money into it. Crypto has shown people are willing to use it as a currency for investment and day to day transactions. Its held value for a significant amount of time. The tech is evolving still and people see a lot of value in having a currency that operates outside of Governments in a decentralized way even if some people will misuse that freedom.
- tock 10mo agoCrypto is going to be a new settlement layer thats it. You'll use stripe and they will settle it on their public chain. You are free to use the chain directly but no real consumer is going to do that.
- johnnyanmac 10mo agoGambling has also proven its staying power. A low trust society and some early coin explosions will do that. I don't think its staying power is here in a healthy way, personally.