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vatsachak 2 days ago

Yeah, it's definitely a huge bubble right now. I think a lot of crypto bros have marketed it more as a casino than a solution to a decentralized currency.

A hypothetical good use case: one can have a "science crypto" where the transaction fees go to funding science. By using the cryptos you want you can essentially pay taxes to causes you think are important

esperent a day ago | parent [-]

> a lot of crypto bros have marketed it more as a casino than a solution to a decentralized currency.

Another way of looking at this is that the main players have a vested interest in keep it as a casino. Therefore it'll never become a currency, because casinos and monetary systems have fundamentally different requirements when it comes to stability.

Instability in cryptocurrency is a feature. It'll never go away unless it gets regulated to the point that all the things that differentiate it from the fiat monetary system are gone.