5 sats \ 2 replies \ @takaponka 27 Mar 2023 \ on: Do Shitcoin People Even Exist? bitcoin
I know some, they just buy on an CEX get rekt and keep going. For them it's same as betting at sports
But they never use the "tech" of course
I don't mean people who gamble on exchanges. I mean REAL users. I think they actually do not exist.
reply
They don't exist. It's not 2017 any more. No one (serious) is trying to build the next Bitcoin. The vast majority of the crypto community has moved on from "cryptocurrencies" to "utility tokens". People have moved on from projects like Litecoin, Vertcoin, and even Bitcoin Cash to projects like Filecoin, Gridcoin, and Helium where the purpose of these tokens isn't to replace money like Bitcoin (and its many failed rivals), but to create incentive structures to support and sustain whatever decentralized solution they've built (cloud storage, computing, and cellular network, respectively for the aforementioned examples).
I'm painting with broad strokes here, or course. But everyone I've talked to that's working in crypto and isn't a CEX trader, this is basically where they're at. They hold bitcoin, and they're all open to a future where goods (and their tokens) are priced in BTC.
reply