For the worse! Disclaimer for cultists: I am not against trading crypto. You know trading as in Elitetrader. Read the thread, most technology people hate it and the masses are smartening up too. The show is over, the cat is out of the bag. It was a nice ride while it lasted...
"Apparently Bruce Schneier is teaching a seminar on cryptocurrency/blockchain this fall at Harvard Kennedy School. Wish I could be a fly on the wall bc he hates this shit and I’d love to see him tear down some idiot HKS" butters https://www.schneier.com/news/archives/2022/08/bruce-schneier-on-the-crypto-blockchain-disaster.html
Exchanges going bust and losing clients hard earned money (coins) is 10x worse than a crypto winter as far as adoption goes
Lol zoomers have been programmed to hate crypto. They've been told its causing climate change, and in general they hate the idea of other people finding opportunities to make money that don't involve government regulation, and they have the socialist mindset of "cut down the tallest poppy". It has to be a scam to them if someone else made money on it and they didn't.
Crypto is around in 30 years. It makes transacting with foreigners much easier. Don't write this sector off nor the telecoms, they have a rental thingamuhjig coming that helps with those who suffer from motion sickness when using VR.
So where are you trading crypto assets or derivatives, Pekelo? I've been trading every day and night and weekends for the past week or so
The topic has been discussed exhaustively. Bitcoin and Ethereum offer very interesting and unique technological advantages over what current banking and finance has available. That's it in a nutshell. You can bet on the new technology or bet on the current banking oligarchy to maintain all the power. I can't tell you who will win but that's the story.