> I don’t want to settle for a world where crypto is just speculation and gambling. When Bitcoin first came out, many years ago, it was sold as being a decentralized currency and that phrasing caught my attention. I'd follow it avidly and watch with interest as different shops and retails were starting to accept payments in Bitcoin. I'd make it a point to spend Bitcoin with those places to show my support. But over t…
There are some coins that are just unsexy currencies and nothing else, with clear goals to optimize speed and minimize intermediate costs, and I think that's precisely why they're unsexy now. It seems to me that this space has been a fractal of ponzi schemes designed to defraud small and poorly informed players and when something actually works, it's immediately cast aside and shunned because it had no use to the car…
Re: What I'm Frustrated by in Crypto
#11And some with the clear goal of deterring speculation, by having a pure linear emission which keeps the yearly supply inflation rate high for many decades (taking a century to drop to 1%). Thus, no fear of missing out, early adopters are not favored, and later generations not handicapped.