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Fools and their crypto

techcrunch.com

11–20 of 128 posts

Re: Fools and their crypto

#12

Separating bad actors and their crypto from good actors and their crypto is where were headed next. Lessons in due diligence apply to crypto just as with any other investment vehicle but it seems many have missed this. The crypto space is being refined, which is a good thing.

Yes, I am confident that there are as many good actors in cryptocurrencies as there are in any other multi-level marketing scheme.

Re: Fools and their crypto

#14
post #6

For real though...when will we stop using crypto to refer to cryptocurrencies? Crypto is short for one thing and it's cryptography.

This sentiment comes up in almost every crypto thread and I think it's a bit misguided. It's referred to as crypto because...that's how people know it.

Google trends explains my point better than I ever could.

https://trends.google.com/trends/explore?date=today%205-y&q=...

Re: Fools and their crypto

#18
post #6

For real though...when will we stop using crypto to refer to cryptocurrencies? Crypto is short for one thing and it's cryptography.

This sentiment comes up in almost every crypto thread and I think it's a bit misguided. It's referred to as crypto because...that's how people know it. Google trends explains my point better than I ever could. https://trends.google.com/trends/explore?date=today%205-y&q=...

It also shows that this conflation is very, very recent. I assume this is either because some people realized that there is "more than bitcoin" now, so you can't keep saying "bitcoin" and mean all the cryptocurrencies, and they just thought "jeez, cryptocurrency is such a complicated word. Let's just use crypto!"

In any case, crypto has been established as short for cryptography for far longer than any of these currencies existed. It is used in this way as a distinguisher in many contexts (e.g. crypto-phones, crypto-locker, crypto protocols, ....); calling "crypto-X" just "crypto" is unnecessarily ambiguous.

(either...or it's some guys pushing their agenda very hard in the last few weeks)

Re: Fools and their crypto

#20

Separating bad actors and their crypto from good actors and their crypto is where were headed next. Lessons in due diligence apply to crypto just as with any other investment vehicle but it seems many have missed this. The crypto space is being refined, which is a good thing.

If only there was a token that could be used to verify reputation, stored on the blockchain...
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