/biz/ - Business & Finance

>>10842927
>those of you who thought buttcoin would replace fiat are fucked, no question. but smart contracts are inevitable
I was thinking like this in 2016. By now after reading some books I've reached the following conclusions:
Some crypto will get a market cap so high that it will be very difficult to manipulate, so it will become as stable as gold. Not sure which one yet. I'm doubtful about BTC because LN really sucks, they shot themselves in the foot with that approach.
Governments will compete with eachother to have more market liquidity with that crypto so their fiat money could become as stable.
No smart contract platform will be useful before some cryptocurrency reaches mainstream. Until then, smart contracts are a gimmick. I got 'fooled' when I bought eth at $10 - I amde a lot of money, but I see much more clearly now that smart contracts are a meme at this point.

Finally, let's begin the next bull run