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?
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...
Bentley Morales
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.
Alexander Lopez
We need better AI and more robots for this shit to start making sense.
Jose Rivera
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.
Mason King
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.
Eli Davis
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.
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
Cooper Lee
> 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
Jeremiah Adams
Bitcoin is still digital cash but it trades with ticket BSV
Connor Sullivan
Itt: bluepilled normalfags who think they're buying stocks
Angel Bennett
Why is it always angry people like you that can’t name any of these future use cases?
Christopher Watson
In 1998 you could listen to radio on the internet, get messages from across the world for free via email, chat with strangers on ICQ, get books from amazon, buy insurance from trusted vendors, search for solutions to problems, buy movie tickets, find dates....and so much more on the internet. And all of it much cheaper and faster than previous solutions
what can you do on crypto so far that you couldn't do cheaper and faster before?
Jackson Powell
Classic know it all midwit IQ
Andrew Brown
Also I think the major hurdle in corporations or companies using smart contracts is the legal aspect. What is a smart contract? What's the exact characteristics of a smart contract? If it runs on my "blockchain" in my basement server and the oracle feeding it data is from a chink company's server is that a smart contract really? I think Ethereum and Chainlink will be named together in any legal definitions of a smart contract since if a smart contract decides the outcome that can not be reversed, then sure as hell that needs to be a highly reliable smart contract.
Mason Fisher
look into travala, they have a working utility, 480k crypto revenue last month from bookings. 350k the month before. 35% increase month to month. adoption is happening in front of our eyes with AVA but we falter over to defi hype scams instead. BAKA
Nathaniel Rivera
I love all of the comparisons to technology that was instantaneously impactful versus crypto that's been around for 7 years and does LITERALLY NOTHING.
Cameron Bennett
Why don’t any of you superior intelligence prodigies discuss any of the exciting use cases ever? It’s only DeFi, and no one discussed that last year.
Colton Davis
This is what always happens. It’s like you can ONLY compare crypto to epoch-defining technology but not to the endless failed attempts at innovation.
Jacob Moore
The internet was being developed in the and 80s and didn't even become a thing until the 90s and peaked in the 2000 dot com bubble. Technological revolutions take time.
Gavin Edwards
don't fret - a million suckers a born every day, and if they aren't we're all fucked through the end of humanity
Lincoln Diaz
Are you kidding? Try moving more than a few thousand around out of your bank account and see if the bank doesn't try to stop you at a certain limit, make you wait for days to access your liquid capital or charge you a fuckton to use your own money quickly.
Luis Martinez
No. Reddit and Zig Forums love to tout cryptoanarchist shit but there is a reason why the current system is not an anarchist one. People love to reverse transaction, world aint perfect. Losing your keys = losing your fortune which is pretty pathetic too. Everything else besides stable coins is just specuvaltive. To money serve as transaction we need a point of reference.
Robert Mitchell
nigga 480k REVENUE (not profits) is fucking peanuts in the travel space. You're literally selling $500+ worth of product. It takes just 480 $1000 flights - normal for international flights - to do 480k in revenue. That's less than 20 flights a day
And that 480k is after how many years of operation?
Cameron Price
It's a good analogy. Just because the inventor of a widget said it should be used a specific way, doesn't mean the market will use it that specific way.
Kayden Wright
>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. i remember trying to purchase a beer at a bar in austin during SXSW in 2015 with BTC. the whole transaction was such a fucking shitshow. it took like 40 min of back and forth only to fail. ended up just paying with credit. i was one of the idealistic ones that thought that BTC was supposed to replace fiat. but in the end its just another way to gamble.
Brayden Harris
not everyone lives in America dumbass The rest of the world has very cheap and extremely easy modes of payment. I can transfer literally any amount from my bank account linked UPI id to anyone in the country for 0 fees. And it's so common that even fucking homeless beggars take it kek
Jaxon Foster
I really don't know why people keep harping on the payments shit. Payments is a solved problem in most countries. International payments are still tricky but the technology already exists; the world just has to come together and adopt one, like they did with SWIFT.
Parker Stewart
I run a business and regularly move around $25k+ with no problems. Just paid a $70k purchase order today with my BOA account...
