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by Hjfrf 1525 days ago
Cryptocurrency projects have squandered a decade of good faith with no useful product.

They've done a great deal of harm in that period, so I can't see even the current level of mild negative sentiment as sustainable.

1 comments

Storj is pretty useful. But, it's definitely an exception not the norm.
Storj is genuinely useful. It is however regular cloud storage, except the storage nodes that must be trusted will survive the company somehow. However the authenticated client-side encryption will protect your data, so the safety claim checks out, not sure about liveness.

Slapping a decentralized sticker on and having a cryptocurrency apparently worked out for them. This is how you successfully differentiate a product.

And what's amazing is that the coin has a market cap of $450m (probably still expensive if comped to someone like Dropbox).

If something with that utility is so lowly valued, then imagine the true intrinsic value of BTC!