13445875, RE: it's still early and Wall Street is in it. Posted by beeinfinite, Sun Oct-24-21 09:40 AM
>Crypto is not going away. It's an application on the internet like email. Value over TCP/IP via strong encryption.
i don't expect it to go away either, but it will be forced to evolve and wear new hats as it fails to meet its proposed use cases. it will be a slow and painful death imo. what emerged as a deregulated digital currency, has now become a store of value to hedge against inflation. what happens when the global economy recovers? what emerged as tech revolution is now conforming to the same systems it attempted to supplant.
>You rely on encryption daily. You're using it on these boards.
i'm not worried about encryption. my resources are secure and protected, i pay $0 in transaction fees, and i have someone to call if a problem arises. what happens if you input the wrong character in your crypto transaction? who do you call if you get hacked?
>https://www.youtube.com/watch?v=l1si5ZWLgy0
i'm not even sure where to begin with Andreas, however, bitcoin failed to meet his own expectations.
>And then tell me it's a ponzi after you actually understand what bitcoin is.
i still think its a ponzi.
>Oh and welcome/welcome back to the boards.
thanks, i'm a fan of the roots and it led me to this site. interesting place with lots of discussion on things i have a lot of interest in.
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