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by bhouston 3249 days ago
Technically Prism is a means of investing in cryptocurrency (which is primarily motivated by speculation in these cryptocurrencies), thus I think it still falls into the idea that most things are pretty incestuous still in this market.

I think one thing that plays against using these cryptocurrencies for other things besides speculation is that they are so speculative, huge ups and downs with lots of opportunities to win just trading them. Because of that they are being treated a lot like stocks (which often appreciates if you hold it) rather than currency (which is usually slowly depreciating, which encourages spending.) I think the incentives for these cryptocurrencies is sort of wrong, they are cryptostocks.