Re:The Third Web
by rvz on Friday December 17, 2021 @11:24AM
(#29594334)
> All of these new blockchain schemes like ICOs, NFTs and web3 are just a way to recruit new segments of the population into the crypto universe in order to pump up the value of crypto currencies.
Mostly it is Ethereum which is the prime enabler of all of the things you listed above. ICOs, Tokens, DAOs, NFTs, Web3 and expensive gas fees. All of it.
Every, single feature it has introduced has created tons of scams in the crypto universe with the users who are new to this are none the wiser.
This is why we need a crash to get rid of the crypto hype-squads and focus on actually useful blockchain projects that are fast, scalable, cheap, affordable and are regulated which make it harder to create such scams that Ethereum consistently enables.
Cryptocurrencies that do not fit in future regulations will simply not survive. Especially the meme-coins.
Mostly it is Ethereum which is the prime enabler of all of the things you listed above. ICOs, Tokens, DAOs, NFTs, Web3 and expensive gas fees. All of it.
Every, single feature it has introduced has created tons of scams in the crypto universe with the users who are new to this are none the wiser.
This is why we need a crash to get rid of the crypto hype-squads and focus on actually useful blockchain projects that are fast, scalable, cheap, affordable and are regulated which make it harder to create such scams that Ethereum consistently enables.
Cryptocurrencies that do not fit in future regulations will simply not survive. Especially the meme-coins.