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RE: Is Crypto Just Fiat Number 2 In Disguise

in LeoFinance3 years ago

I'm glad I'm not the only one who is seeing this and feels like it's not solving anything it's just there to enrich a new set of oligarchs

For me Bitcoin is the only one I see that's actually trying if you not buying or mining or rendering a service to be paid in BTC you can't get Bitcoin and having that hard issuance makes it less likely to be corrupt

Yes we can say there's a small percentage holding the coins but it's spreading out more and more each year where crypto and fiat are going the opposite way

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It all started from bitcoin anyway. So many tried to copy it, then they tried to compete with it like ethereum. Then they tried to create something else. Then everything moved to proof of stake. Now farming and yields and defi. Those seems only for those who can afford it. Becuase the fees are high and it's not a fact that if I'll buy something that expencive, I will be selling it someday.

All the improvement is great and any project has something good in it, that's why we just have to diversify to reduce the risk. Including social media as well, I mean all that made on the blockchain. It's good to grow in as many of them as possible. In some we may withdraw to use that, in some only accumulate if we belive in the project. That's why I'm trying to build @dcooperation community that will collaborate with more crypto communities, promoting hive at the same time. That's why I create content now in a few platforms. Noice on bitcoin cash, lbry, publish0x and others I would like to find. Of course those where there is something to earn, but not promising ones like voice for example on eos. I don't know if that's working or not. There is a lot of them and it's impossible to follow them all.

I don’t blame people for acting rational and trying to earn something extra I just fundamentally disagree with the way these ecosystems work! I just think if they were serious about change as they preach they would use a money they cannot control like Bitcoin

When a business or service focuses more on the financialisation than anything else the product suffers and it’s all about delivering value to the base shareholders by any means and any cost!

We’ve seen this play out time and time again and slapping blockchain on the same system doesn’t change an thing

I just appreciate honesty and I don’t think there’s a lot of it in the crypto space!