Re:Why Bitcoin is guaranteed to be a crappy investment
by lazzlazzlazz on Monday December 09, 2019 @06:59PM
(#21748111)
Have you looked into the so-called "DeFi" space? Compound, MakerDAO, Synthetix, and others have some very interesting and surprising product offerings with incredible potential.
Celo and others are working on Libra alternatives.
Arweave has probably the most compelling decentralized but economically thoughtful web-friendly storage system I've seen — and it's launched, live, now.
They certainly "do" things, although they're in early days. And none of them are Bitcoin.
Re:Why Bitcoin is guaranteed to be a crappy investment
by Mithriil on Wednesday December 11, 2019 @12:05AM
(#21759743)
Arweave looks promising at first, but by reading their yellow paper [1], we realize they want the storage to be permanent and immutable. It seems interesting for archives that are not gigantic in size, but for websites...
Re:Why Bitcoin is guaranteed to be a crappy investment
by Vadoff on Monday December 09, 2019 @05:13PM
(#21747203)
Sounds like you got caught up in Blockchain hype, not Bitcoin hype.
Re:Why Bitcoin is guaranteed to be a crappy investment
by biolurker1 on Monday December 09, 2019 @06:09PM
(#21747678)
Read up the Deutsche bank latest report and you will feel better if you didn't sell
Re:Why Bitcoin is guaranteed to be a crappy investment
by 1ark on Monday December 09, 2019 @09:27PM
(#21749057)
Link to the report: https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD000000000050...
I was interested in a coin called MedicalChain which promised to store your medical records in the blockchain, but it seems to be vaporware (lost a little bit on that one!).
When Libra came along I thought that it would be 'the one'. Finally, a blockchain that could reach the mass market and actually be usable. Just a shame it's Facebook...