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> like proofs of concepts of issuing NFTs as a digital "deed" to a physical asset like a house which went absolutely nowhere
by ulfw 7mo ago
> like proofs of concepts of issuing NFTs as a digital "deed" to a physical asset like a house
which went absolutely nowhere
- abustamam 7mo agoYeah, like most startups. I'd argue that a majority of AI startups now will go nowhere as well. That's just how new technology goes. Lots of shiny objects, lots of hype, and maybe 1%, if that, goes on to become a foundation of society. Jury is still out on if crypto will become a foundation for society (if anything, it would be foundational for something boring and invisible like banking). I wouldn't bet on a startup doing that, but that's the only viable thing I can foresee crypto being useful for. But it doesn't mean that other applications can't be interesting and useless!