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Who is investing in NFTs today? Who is building their company using permission-less blockchain as the database? The average person still uses a bank checking a
by thephyber 5mo ago
Who is investing in NFTs today?
Who is building their company using permission-less blockchain as the database? The average person still uses a bank checking account, not replacing it with a crypto account.
I haven’t heard of any progress on tokens in the Governance direction.
Stablecoins without a public audit trail have so far stayed relevant, but there are several which are suspiciously reminiscent of the mistakes that SBF made.
We all see the transfer of funds and the ostensible store of wealth when it comes to buying influence or presidential pardons. Those of us not wearing crypto-colored glasses don’t see the promise that VCs sold us on the industry 5-10 years ago.
- OutOfHere 5mo agoI never spoke about NFTs nor do I have to speak about them, not today and not ever, so save your bait. It's in the same way that you didn't speak about bank bailouts, so I won't bait you into it. Most people obviously use multiple accounts of different types. Those who have crypto wallets will never reveal them to you in the interest of their privacy. Stablecoin firms make so much cash via interest that they're easily over-capitalized. If you're foolish enough to be manipulated by VC interests, that's your own fault. I would focus on the tech, not on what VCs want you to believe. This applies generally, irrespective of the sector. I don't know why this is hard to understand.
- nothinkjustai 5mo agoNFTs are stupid. But I have a feeling as governments default on their debt and economies collapse in the next few decades cryptocurrencies will be of increasing importance.
- LtWorf 5mo agoCryptocurrencies are now useless, considering how openai and similar companies have enough compute to highjack them and the AI thing might not work out at all…
- OutOfHere 5mo agoThat's 100% nonsense.
- LtWorf 5mo agoThanks for putting the time to articulate why the AI GPUs cannot possibly be used to fork the blockchain and obtain the majority.
- OutOfHere 5mo agoBecause they're needed to run AI. Newer hardware is increasingly specialized for AI too. Moreover, if funds start disappearing, the price will crash, negating the point.
- LtWorf 5mo agoThey're raising the prices for AI, so demand will inevitably lower, freeing up capacity.
- OutOfHere 5mo agoYou're speaking out of your a$$. AI demand is booming; it will keep booming ~10x more every year, so ~1000x more in three years. If the prices are booming, it's to have a more sustainable pricing model.
- LtWorf 5mo ago> it will keep booming ~10x more every year, so ~1000x more in three years LOL. That's some absurd interpolation.
- nothinkjustai 5mo agoI want the drugs you’re on :D