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Has there has ever been a technology more devoid of actual applications while getting as much funding as web3? Web in 99 was mostly clear utility stories. Some weren’t ready, some were. Nobody can explain how web3 shit creates actual utility. Just mumbling about new tech.
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Chinese also use it to send money out of the country illegally so they can buy up property in Vancouver.
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The only 'good' use cases are people in Venezuela or whatever using it which is still just evading government control just for the right reasons instead of the wrong ones. It's funny that I had this conversation like 6 years ago with crypto friends and nothing new happened since
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Thinking back to saying "No I don't believe in this, it looks dumb" to my friend that tried to get me into bitcoin at 100 dollars only gives me an ulcer and migraine now. Which I consider personal growth given how it made me feel in the past.
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I shouldn’t complain, I got a bitcoin for a six pack of beer in college. Made a few thousand from it when I found it on an old hard drive. The guy who gave it to me was obsessed in 2011 and had sold it all by 2013. Tragedy.
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