• 2 Posts
  • 33 Comments
Joined 1 year ago
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Cake day: November 30th, 2023

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  • An infinitely growing blockchain will inevitably fail by centralizing. Crypto-currencies as they exist today are doomed, but the protocols and tech created now may hopefully inform the design of something that is useful as a currency.

    Also, high transaction fees make it useless for small (normal, everyday) amounts, so it can only be used as a store of value. It’s really more analogous to gold or a stock, with the one significant benefit that it’s harder to steal than gold and can’t be lost stolen institutionally.














  • I’ve noticed that too. Is it related to covid you think? As in it was like this before and now we’re returning to normal progression as people rebuild social connections and lose time. Or is it that the whole dev economy is changing with layoffs and such that devs are leaving the industry altogether? Or something else even?