Whats your take /biz/? I think he is quite right.
Also hype shills are the most mad, but a place where you can leverage trade crypto is no breakthrough. If anything aave is the breakthrough to the real world.
>>62194342Why is web3 an important term? It seems like a marketing nothingburger term.
>>62194342creditscoreprotocol * com is the real breakthrough but everyone is sleeping on it
>>62194547ICP to 2k. Moonman was right.
>>62194342>Soon
>>62194547it was just nfts part 2
>>62194342coinbase, figure, robinhoodthe overall point is right thoughmost investment into "web3" which is just crypto, was scams. rug pulls, get rich quick, wealth extraction and shuffling money aroundno one really building anything.almost every crypto company is trading as some beta factor of bitcoinif btc goes down, they all go down. People think these are stocks. They are just leveraged (or unleveraged) bitcoin plays in disguise.just like oil companies are really just a play on oil price, but with a stock ticker
>>62194342Brave exists
>>62194342Alex, kehr vor deiner eigenen Schwulenbar
>>62195073Nicht nett
Chainlink? VCs didnt have anything to do with that tho
>>62194547It is a marketing nothingburger term.Just like they renamed AI to AGI so they could call their non-AI products AI.
>>62194342The ratio is horrible, it gets swamped as an advertising account into feeds and either ignored or blocked. Nobody gives a shit about crapto. Deader than dead
>>62194342100% Agree. This is why meme coins are honest about being a ponzi. Other than that fuck crypto. >>62196644Checked but human greed you can rely on. I think you're wrong.
>>62194547It is to illustrate a new paradigm for the internet. Web 1.0 is merely the distribution of information from websites (think static pages you can't add much to). Web 2.0 is users creating content and e-commerce. Web3 is supposed to be users owning content and new ways to conduct business via blockchains. The main roadblock is that, at a collective level, developers simply ain't got it. No will, no undying conviction to bring blockchain tech to the common man. For every genuine developer who believes in the tech, you got 5 of them in it for the money. When you are in it for the money, you'll take shortcuts for faster cash and this leads to hacks.
>>62196879But way forward has always been the same. From improving population's literacy skills, from advancing sciences, reforming our judicial system, the path has always been the same. See pic related.
>>62196764The ratio tells the story, the set of humans that give two shits about this tiny niche of scammers and grifters is declining so fast that they are currently all in the process of self cannibalization. Crapto is not going to make it into the 2030s and the most hilarious aspect of this, is that the dinosaur Boomer grifters of political parties, states and banks just recently tried to legislate that scammer niche into saving their sovereign bond ponzi buy mandating to buy the uncovered debt toilet paper, and at the absolute worst moment for both ponzis the plan falls flat due to humans having moved on.Crapto dies the same as the sovereign bond ponzi dies, demand not found unable to legislate, and with the latter dying the entire so called "economy" goes tits up
>>62195066>almost every crypto company is trading as some beta factor of bitcoinsaddest fact about this field
>>62198684>Best (performing and otherwise) asset to ever exist vs some retarded sidelined faggotWho will win?
>>62199094>ever existedin a third of your short unimportant through 20th century behavioralist propaganda determined life time? Please. Crapto is done for post integration into the bankrupt Boomer sovereign bond ponzi.Why do you think Boom Booms representatives in the political parties legislated that crapto companies are now forced to buy their uncovered sovereign bond ponzis, that have been factually bankrupt trash bonds since the mid 90s? Yes, to attempt to squeeze out yield for the factually bankrupt pension funds that are contractually bound to pay out monthly checks to demographic overhang that has become a net negative cashflow.Anybody active still buying into the boomer ponzis, which now includes crapto is fucked in the head stupid
