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Forum nameGeneral Discussion
Topic subjectRE: it's still early and Wall Street is in it.
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13433233&mesg_id=13445875
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.