> a person who loves crypto technologically and agrees with the more cipherpunk roots of bitcoin
Yep, that'd be me too. What gets my blood pressure rising is the sheer amount of coins & tokens available now all of which, bar perhaps a tiny fraction, seem to have no value proposition other than "number go up". To me, NFTs are the nadir of this concept. I struggle to imagine a legitimate use case for any crypto that doesn't involve rapid, frictionless transacting.
For example, there are a couple of fantastic services, like "Cauldron DEX" or "BCHBull" (no affiliation) - smart contracts which allow for trustless swapping of tokens. The concept is genius and the execution here seems very good (to me, non cryptographer) but, again, what can I do with these tokens or coins I've traded except trade them later for some other token or coin?
BCHBull seems to allow exposure to commodities and some fiat currencies - that makes it comparable I suppose to actual currency or commodity speculation which has been going on for centuries. One might still argue "what can I do with all this gold except trade it later for oil?" but, well, that seems to be a weaker criticism.
Yep, that'd be me too. What gets my blood pressure rising is the sheer amount of coins & tokens available now all of which, bar perhaps a tiny fraction, seem to have no value proposition other than "number go up". To me, NFTs are the nadir of this concept. I struggle to imagine a legitimate use case for any crypto that doesn't involve rapid, frictionless transacting.
For example, there are a couple of fantastic services, like "Cauldron DEX" or "BCHBull" (no affiliation) - smart contracts which allow for trustless swapping of tokens. The concept is genius and the execution here seems very good (to me, non cryptographer) but, again, what can I do with these tokens or coins I've traded except trade them later for some other token or coin?
BCHBull seems to allow exposure to commodities and some fiat currencies - that makes it comparable I suppose to actual currency or commodity speculation which has been going on for centuries. One might still argue "what can I do with all this gold except trade it later for oil?" but, well, that seems to be a weaker criticism.