/biz/ - Business & Finance

Not even kidding.
The more I keep interacting with this shit the more I can see all the interesting use cases it will enable.
The valuation is also good, $2B is more than acceptable for something which I think quite easily become $100B+ within just a few years and perhaps even multi Trillion valuation in the long run.

I am even thinking about putting about $16k more or selling my other large holdings like ETH and FTM for more ICP.
FUD me on this one, am I manic or genius?

I personally have a few worries:
- General macro environment could cause everything to dump harder.
- Overcomplicated lingo for users/developers, saying canisters instead of web hosting + smart contract functionality and things like this.
- In general forgetting about the user and UX when interacting with ICP dApps. I.e. too many unclear choices when logging in to ICP dApps. Risk of hacks, lack of users ability to easy interact with ICP dApps while also keeping their wallet safe. People might never be ready to keep seedphrases and therefore we need a better solution before dApps can truly grow.
- ICP currently don't have that many developers or activity in relation to the valuation, this is perhaps my biggest hang up.

Still, I can see so many new use cases that I personally look forward to use.
It's hard to ignore this.
I am not worried about supposed lack of decentralization due to high hardware requirement, this is a tradeoff to unlock new usecases and from what I can see they've done it in a more than acceptable way.
More FUD, am I missing something?