I don't actually have strong opinions. The main difficulty is that the lineage of culture and incentive from the crypto space is very clear and the discourse is more about grandiosity, grift, and delusion than the actual technology.
It's like being a farmer who's trying to learn about marijuana as a prospective agricultural product from people who can only talk about how high they are.
I feel like everybody involved knows the area is 80+% grift, but nobody can really tell yet whether the parts that aren't can support themselves if the grift ever detaches or fizzles out.
sers, it is not that hard.
we can represent ownership of intangibles in a programmable, networkable digital format.
all the rest will flow from there like rivers to the sea
https://twitter.com/punk6529/status/1448399827054833668…
Don't lose sight that the early stages of the hype cycle actually serve as a useful catalyst for the real value being built. Not guaranteeing that that happens in any specific case like this one, but I suspect all revolutionary things do start off this way.
These seem a lot more coupled to me, since the value of the currencies (and in particular the expectations of their future returns) are the base layer that keeps the servers up. If that dries up do the servers too?