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What I'm Frustrated by in Crypto

9 点作者 amirGi将近 3 年前

4 条评论

politelemon将近 3 年前
&gt; I don’t want to settle for a world where crypto is just speculation and gambling.<p>When Bitcoin first came out, many years ago, it was sold as being a decentralized currency and that phrasing caught my attention. I&#x27;d follow it avidly and watch with interest as different shops and retails were starting to accept payments in Bitcoin. I&#x27;d make it a point to spend Bitcoin with those places to show my support.<p>But over time, as the currency experienced volatility, all of those places withdrew the option.<p>When I tell people about this and how much I&#x27;ve spent, their reaction is always that I could have been rich if I had held on to the coins, and to me that misses the point or the original intention. In fact I think very few people still subscribe to its original intention.<p>My point: it&#x27;s always been speculation and gambling, right since the beginning. You will need to settle now, or plan your escape.
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SkipperCat将近 3 年前
Honest question here - not being snarky...<p>Does anyone have an example of someone who was unable to get mortgage from a traditional banks but was able to do so via Crypto? Are there any examples of someone with a great business idea who couldn&#x27;t get a loan from a bank but was able to get funding via Crypto?
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superchroma将近 3 年前
Still no serious discussion about how giant traditional finance players waltzed right into crypto after the hard foundational work was done and easily pushed over multiple marketplaces and currencies to cash out any way they could. Also no discussion about how crypto totally failed as a hedge and moved in lockstep with real markets when things started to look bad due to strong ties to conventional finances, thus defeating the purpose. No discussion either about how DAOs have now intervened multiple times in trading and seized money and made unfavorable trades on behalf of investors.<p>When do we get an honest cards-on-the-table post mortem for the past few years of crypto?
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skyzyx将近 3 年前
Oh. Talking about crypto-currency as opposed to cryptography.
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