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by FridgeSeal 1623 days ago
It also strikes me that there’s an implicit requirement to “already have sufficient capital” to operate in the crypto space - even more so that normal finance. I don’t see middle-to-low income people being willing to adopt this as any interaction will burn even more of a limited resource than normal mechanisms.

If the majority of people can’t get in, or can’t afford to do anything in the space, is there any real chance this will actually take off?

Now I’m sure someone will respond along the lines of “crypto is an investment/asset not a currency, etc etc etc” in which case, why is it trying to do all these currency things?

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Buy $10 of crypto, use play-to-earn to turn it into $100, then you can afford to use Web3. /sarcasm