Will crypto be seen as old technology in the future?
Hello fellow crypto brothers and sisters,
I've seen an article about figurines, old coins, stamps, (formerly expensive) porcelain and so on – things that had value for decades and all their value is crumbling. It seems to be a generational thing.
"Crypto has intrinsic value," you will say. "It's the future of finance, look at all the use cases." Let's be honest, there are a lot of promises and stories about "partnerships" with big companies, but it's been almost 16 years and I don't see crypto anywhere in my personal life. I can't even pay for my ice cream with crypto. And no, the shipping cointainer where my headphones came from wasn't tracked with Litecoin or whatever. Neither did the bottle of wine I emptied yesterday.
I'd rule out bitcoin, the 'store of value' narrative seems to be working (so far).
But what happens when a new generation takes over? My nephew is 5 years old, so when he's 25 he'll realise that bitcoin was here before him and that his father and uncle had bitcoin. Will there still be an appreciation? Or will it be old technology that's good for nothing?
Thanks for your thoughts!
Edit 1: I think it's a bit messy, I'd say that there's two discussions [1] Bitcoin as a store of value and [2] smart contracts
Edit 2: 12 minutes, 1.2k views. Crazy. Probably 1.19k bots and 10 users
submitted by /u/OderWieOderWatJunge
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