Does it all feel the same to anyone else?

Every crypto innovation touts all of these ways they’re going to change the world and it all just ends up being stupid BS with a constantly changing use case.

BTC used to be a digital cash then digital gold, then a hedge against markets and governments...now it is just speculative BS.

Ethereum followed a similar trajectory. It was going to be a revolution to the internet. All it ever became was a shitcoin vending machine.

Then Chainlink. Chainlink was going to revolutionize every industry. Now it is just a way to feel centralized price feeds into shitty Defi platforms.

Will there ever be any real use cases for any of this shit? Or will the can just keep getting kicked down the road until there are no more suckers?

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forbes.com/sites/michaeldelcastillo/2020/02/19/blockchain-50/#57555f617553
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Is it being used?

You think the wheel began as a tire?

I don’t know what to think anymore. I have even seen the Gartner description of smart contracts constantly change. Now they are saying smart contracts are for “cleaning data” with no elaboration on what that means...

That’s not a very good analogy. I genuinely can’t think of any tangible use cases for smart contracts that can’t already be accomplished by existing systems in a secure way. I suppose I can think of ways they can be used if various systems are overhauled, but I don’t see much evidence of that happening nor do I see much proof that it’d be better than just using existing digital agreements.

We need better AI and more robots for this shit to start making sense.

Crypto is a consensual ponzi now. You can easily make money as long as you don't actually invest your emotions into any shitcoin. I love going into every dime a dozen erc20 or defi thread and calling out the poojeets and chink shills and watching them get butthurt. There is no technology or use case with any crypto. They are all scams. Always make a plan of action. When you buy a shitcoin, make it a point to decide at what point you will sell. Yes, you may miss some big ones, but you will never get burned by the endless wave of shitcoins.

You sound like the kind of luddite who in 98 thought the internet was a stupid novelty.

We are still at the be beginning of a technological revolution you're acting like a jaded know it all cunt.

Personally I think that smartcontracts will have real use cases such as derivatives and insurance contracts and DeFi. You have to understand that the reason DeFi got even started is because a year ago Chainlink launched mainnet. Then during the year they have been adding different data feeds which secures loans and so on for platforms like Aave. This is just 1 year of Chainlink and we got DeFi out of it. Sometimes I also think though that maybe smartcontracts are not viable and that it's really just a fad and can't scale etc. Then I look at the guys working on those problems. Sergey, Ari Juels, Ed Felten...these guys are a lot smarter than me. These guys have gone over everything and if they think it's possible, then I can't really bet against that. I got a nice bag of 19k LINKs. I'm not gonna sell them because it "seems" as if smartcontracts aren't gonna go mainstream. I'm not gonna fud myself because of some vague feeling. If you however know all the technical aspects and legal aspects on why smartcontracts can't go mainstream and you have tried on debating with the great minds in this space then sure, sell your bags or start shorting it or whatever.

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I honestly don't see any hope for the crpyto space
When this shit first emerged, it felt like the internet in the 1990s. You had all these technical terms that normies wouldn't understand but you knew they would change the world. World Wide Web, HTML, HTTP, TCP/IP. Now they're a part of everyday lexicon

But it's been a decade since crpyto first emerged. And I still see no real use cases for it.

With the web, I was able to buy books off Amazon just a few years after normie web became a thing. But with crypto, even sending money is now a pain in the ass

> Cars were supposed to be the next big thing
> ETH was supposed to take me everywhere but my fiat-horse is much faster, cheaper and more mobile
> Fuck cars what a fad