11–18 of 18 posts
I hear cryptocurrency fans defend taking the entire name "crypto" for their hobby because "it's not confusing in context". Here's a headline where it's confusing in context. The business case he leads with is even about cryptography. Crypto means cryptography. With any luck, it will still mean cryptography after this speculative currency bubble bursts.
I always like to relate it to many of these tech networks like twitter which will never make a profit. The twitter network itself is extremely valuable, twitter the company is fundamentally not.
These networks will continue to be supported by their users, and that is how a cryptocurrency derives it's fundamental value.
I hear cryptocurrency fans defend taking the entire name "crypto" for their hobby because "it's not confusing in context". Here's a headline where it's confusing in context. The business case he leads with is even about cryptography. Crypto means cryptography. With any luck, it will still mean cryptography after this speculative currency bubble bursts.
Earlier quoted context omitted.
ICO's will continue to originate from places with relaxed regulatory regimes - Switzerland, the Cayman islands. And people in countries where this type of capital raising is not permitted will find ways around it. KYC is very easy to skip around when the only real contact required is sending ether from one address to another. I think permissionless offering and trading of securities is the killer app for ethereum.
So in that case only capital from the elite can flow into cryptocurrencies, but not be used by consumers for transactions? Edit: Wouldn't the lack of general consumer transactions ruin the economic viability of most tokens? If so, then there is definitely a case for a bear market.
Yes.
I hear cryptocurrency fans defend taking the entire name "crypto" for their hobby because "it's not confusing in context". Here's a headline where it's confusing in context. The business case he leads with is even about cryptography. Crypto means cryptography. With any luck, it will still mean cryptography after this speculative currency bubble bursts.
Many nephologists are still upset with cloud (computing)
Great article. I agree with almost all of it. Although I think all this highlights the massive unmet need for high risk investment vehicles. The stock market has become huge, slow moving and boring, where the already-rich make slow gains on top of their existing fortunes. The only companies that bother to IPO anymore are basically pump and dump crap (blue apron, snapchat). Private equity and VCs are snatching all the…
I hear cryptocurrency fans defend taking the entire name "crypto" for their hobby because "it's not confusing in context". Here's a headline where it's confusing in context. The business case he leads with is even about cryptography. Crypto means cryptography. With any luck, it will still mean cryptography after this speculative currency bubble bursts.