Yeah I think a lot of crypto right now is racing to find use cases before everyone runs out of interest and demand
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I think the problem is everyone arrives it roughly the same use case. Leverage, speculation and (holds my nose on this one) defi. Leverage and speculation while fun serve to lessen the scarcity argument and the de in defi should stand for destabilizing not decentralized.
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Interestingly enough was talking to my bro about ADRs as tokens which I found interesting and perhaps a better way to conduct that sort of flow(adr trading/conversion) but is that even "crypto"
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Lol. Just passing shitcoins between people is not a use case
The overall purposes aka usecase was stated by Satoshi. Something that is dull, colorless, and limited. But had one special property. It could be sent thru telecommunications. Crypto is not about an abundance of usecases. Can you use the tech to represent a stock, bond or /1
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other financial instrument. Yes! But the token itself is no different than it’s paper form. It has no value. Ppl in crypto are trying to make a token have value by linking itself to something that has value. Create tokens for usecases. But the tech nor the token have /2
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