The issue with crypto is that reasonable use cases are early, and don’t attract attention except for niche communities.
There’s a few big ones, for example, filecoin right now has created a commodity market for storage that is currently 10,000 cheaper than S3 in some instances. (See file.app for stats)
But realistically, the interesting projects are very small and hard to find.
However, scams and ponzi schemes, by their nature are very public, easy to find, and have lots of people talking about them (often for financial gain).
Everyone building anything sane is so tired of having to explain that their thing isn’t a ponzi, isn’t an nft thing, and isn’t shilling proof of work, that they don’t post to hacker news, and so they exist outside of your bubble.
Crypto is like the story of the blind scientists studying an elephant. The first one touches its trunk and says “it’s a snake!”, the next one touches its tusk and says “it’s a spear!”, the next one touches its side and says “it’s a wall!”. None have the correct answer, because no single party has a full view.
The crypto skeptics are as irrational as the crypto optimists: firm believers in their own view, based on an incomplete information.
There’s a few big ones, for example, filecoin right now has created a commodity market for storage that is currently 10,000 cheaper than S3 in some instances. (See file.app for stats)
But realistically, the interesting projects are very small and hard to find.
However, scams and ponzi schemes, by their nature are very public, easy to find, and have lots of people talking about them (often for financial gain).
Everyone building anything sane is so tired of having to explain that their thing isn’t a ponzi, isn’t an nft thing, and isn’t shilling proof of work, that they don’t post to hacker news, and so they exist outside of your bubble.
Crypto is like the story of the blind scientists studying an elephant. The first one touches its trunk and says “it’s a snake!”, the next one touches its tusk and says “it’s a spear!”, the next one touches its side and says “it’s a wall!”. None have the correct answer, because no single party has a full view.
The crypto skeptics are as irrational as the crypto optimists: firm believers in their own view, based on an incomplete information.