My mistake. I only went by the criticisms you quoted, not their excuses for it. I think you know my stance on the matter. And so, after clicking on the link and briefly reviewing their refutations, I had to "unlike" your earlier post. Nothing personal.
If pet rock had a way to be traded in fake money, its valuation would have been in the same trajectory as crypto.
Seems likely. And although for a time it was all the rage, interest in it eventually dropped like a rock.
you think if there was a stable coin for a pet rock it would be worth 600 billion right now?? lolololololol
That's not what I wrote. I was referring to the life of pet rocks and extrapolating the scenario to pet cryptos. You clearly are a proponent of crypto. Why not take the time to read this book: If you ever do, I'd really like to know what you think of it. It pretty much cemented my views on the subject matter.
this is on my reading list. I am definitely going to check this book out. Did you read it? I would love to hear your feedback as well. My bias going into this is that most of crypto is bullshit, but bitcoin is a huge deal. Time will tell
Yes, I just finished reading it this last weekend. I was already a crypto skeptic, and only more so after reading the book.