/biz/ - Business & Finance

>>55941943
Even the dog coins were better than these abominations

3.19 now, how can it do a 4x and not dump?

>>52758966
Since summer 2017 when ETH mining got big. Then started reading more about the tech because it aligned with my libertarian/anarchocapitalist views. For oldfags it's always some combination of libertarianism (ideology or just wanting to buy drugs) or tech. Now the OG idea is overshadowed by the moneymaking shitshow. It's still there and progressing though, only public opinion is taking heavy damage.

>>50367710
Crypto is the only way to create scarce digital information, most important being money. This is huge and it can be expanded to a full financial system and beyond with smart contracts. Compare companies/institutions doing stuff currently to possibly crypto protocols doing them in the future:
No bloodsucking fees from companies/banks/intermediaries because a protocol does it more efficiently and seeks less/no profits.
No censoring/canceling/discrimination because everyone with an internet connection can use the open protocol equally. Even software with no human/company behind it can do transactions and own stuff.
The code has all the control and power and is immutable. The network can't be killed because it's decentralized. You can create new monetary policies with this that are separated from the government/meatspace.
Less bureaucracy. Saves people's time and energy. No more calling to the customer support to fix a stuck international money transfer because it got autoflagged as suspicious. The code just executes.
More privacy (depends on implementation, but at least pseudonymous).
Option for more transparency. E.g. see where every penny of tax money goes, reducing corruption.
More interconnected. Because dapps are open and free, they are connected to each other and can read/write with other dapps. This creates new interesting dapps/webs of dapps where data is shared.
Full ownership and control with cryptography. Even better than physical ownership because it's harder to confiscate.
etc. etc. these are just from the top of my head. Most of crypto has turned into scams and semi-scams, or in general just making money, while forgetting the actual tech what makes crypto valuable. Crypto is exactly what Nick Szabo explained in his 1997 paper The God Protocols. Go read it and think why people thought about this 25 years ago. https://nakamotoinstitute.org/the-god-protocols/