Cryptocurrency in the 2020s
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Cryptocurrency in the 2020s
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Re: Cryptocurrency in the 2020s
#2"Just like the dot com craze kicked off the idea of an internet startup (and a decade later, just about every tech startup uses the internet in some way), I believe that by the end of the 2020’s almost every tech startup will have some sort of cryptocurrency component."
This literally already happened for a hot second, did you not notice the everyone doing their own ICO when bitcoin was 20k? Are you saying it will happen again?
Re: Cryptocurrency in the 2020s
#3"Just like the dot com craze kicked off the idea of an internet startup (and a decade later, just about every tech startup uses the internet in some way), I believe that by the end of the 2020’s almost every tech startup will have some sort of cryptocurrency component." This literally already happened for a hot second, did you not notice the everyone doing their own ICO when bitcoin was 20k? Are you saying it will ha…
DeFi (Decentralized Finance) is the new ICO
https://defipulse.com - 3m ETH locked so far as of today (1 year ago = 1.9m ETH, 2 years ago = 63k ETH)
Re: Cryptocurrency in the 2020s
#4"Just like the dot com craze kicked off the idea of an internet startup (and a decade later, just about every tech startup uses the internet in some way), I believe that by the end of the 2020’s almost every tech startup will have some sort of cryptocurrency component." This literally already happened for a hot second, did you not notice the everyone doing their own ICO when bitcoin was 20k? Are you saying it will ha…
I think it's much more likely that every tech startup will have some sort of AI component instead.
Re: Cryptocurrency in the 2020s
#5"Just like the dot com craze kicked off the idea of an internet startup (and a decade later, just about every tech startup uses the internet in some way), I believe that by the end of the 2020’s almost every tech startup will have some sort of cryptocurrency component." This literally already happened for a hot second, did you not notice the everyone doing their own ICO when bitcoin was 20k? Are you saying it will ha…
> ... did you not notice the everyone doing their own ICO when bitcoin was 20k? Are you saying it will happen again?
I don't think that's what they're saying. I suspect it'll be more like support for existing major cryptocurrencies like Ethereum and Bitcoin. Either for payments or smart contracts, or other decentralized book-keeping.
I'm not convinced about "almost every tech startup", but I do think it'll become more mainstream.
Re: Cryptocurrency in the 2020s
#6"Just like the dot com craze kicked off the idea of an internet startup (and a decade later, just about every tech startup uses the internet in some way), I believe that by the end of the 2020’s almost every tech startup will have some sort of cryptocurrency component." This literally already happened for a hot second, did you not notice the everyone doing their own ICO when bitcoin was 20k? Are you saying it will ha…
They're talking about using cryptocurrency as part of their products, not just throwing hyped-up fundraising events.
Re: Cryptocurrency in the 2020s
#7Consider the source, right? How many people without a large vested interest in the propagation and uptake of cryptocurrency consider further growth likely?
My guess is that governments will more and more realize that the main utility of blockchains is money laundering and speculation. As has been remarked over and over again, they don't solve any above board problem more efficiently or with lower expense than existing technologies. I predict we'll see growing regulation increased amounts of crackdowns on cryptocurrency and its applications going forward.
Re: Cryptocurrency in the 2020s
#8"Just like the dot com craze kicked off the idea of an internet startup (and a decade later, just about every tech startup uses the internet in some way), I believe that by the end of the 2020’s almost every tech startup will have some sort of cryptocurrency component." This literally already happened for a hot second, did you not notice the everyone doing their own ICO when bitcoin was 20k? Are you saying it will ha…
> ... did you not notice the everyone doing their own ICO when bitcoin was 20k? Are you saying it will happen again? I don't think that's what they're saying. I suspect it'll be more like support for existing major cryptocurrencies like Ethereum and Bitcoin. Either for payments or smart contracts, or other decentralized book-keeping. I'm not convinced about "almost every tech startup", but I do think it'll become mor…
There is like ~5 million people using crypto right. I could see this being possible if that number was closer to 500+ million
Re: Cryptocurrency in the 2020s
#9That was very optimistic. And $200k Bitcoin? Might as well suggest $2m Bitcoin and the odds will be about the same.
I've become very pessimistic around cryptocurrency after a year of chasing coins.
Wake me up when Turtlecoin hits $10.
Re: Cryptocurrency in the 2020s
#10That was very optimistic. And $200k Bitcoin? Might as well suggest $2m Bitcoin and the odds will be about the same. I've become very pessimistic around cryptocurrency after a year of chasing coins. Wake me up when Turtlecoin hits $10.
I remember people scoffing at the concept of 100 dollars per bitcoin like it couldn't possibly happen.