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by Veedrac 789 days ago
Given Bitcoin is at an all-time high, Ethereum is close, and if one held on to Bitcoin bought in most of 2019 they'd be up 10x, it seems not that obvious to me that the crypto skeptics were more correct than the crypto believers. Certainly not so much more right that the crypto believers should act as some cautionary tale.
1 comments

Pumped up bitcoin “market cap” doesn't mean much if you compare it to the prophecy of the crypto enthusiasts (blockchain ubiquitous for payment => nope, blockchain used for distributed computation => nope, blockchain used to replace lots of legacy tech => nope, blockchain used to guarantee integrity of real world stuff => nope).

So the only thing that actually works is the Ponzi thing, which, thanks to Tether is still running well.

> blockchain used for distributed computation

https://rendernetwork.com/

I think they are live but I haven't followed them recently.