Big Barry Bitcoin on Nostr: My take is why even bother? They seem to be a technology looking for a purpose. At ...
My take is why even bother?
They seem to be a technology looking for a purpose. At best they are art, but they are also almost always misrepresented and sold disingenuously.
Most people don't buy these things because they are interesting or innovative, they buy and trade it because someone said it might be a way to make a quick buck.
Fiat tokens (stable coins) might provide some value, but just remember that they are private currencies that can be shut down and the value will be rugged involentarily.
Everything else on a blockchain is like putting aeroplane wings on anything and expecting everything to fly without the other things: an engine, propeller, aerodynamic shape, light weight material with sturdy structure...
They seem to be a technology looking for a purpose. At best they are art, but they are also almost always misrepresented and sold disingenuously.
Most people don't buy these things because they are interesting or innovative, they buy and trade it because someone said it might be a way to make a quick buck.
Fiat tokens (stable coins) might provide some value, but just remember that they are private currencies that can be shut down and the value will be rugged involentarily.
Everything else on a blockchain is like putting aeroplane wings on anything and expecting everything to fly without the other things: an engine, propeller, aerodynamic shape, light weight material with sturdy structure...