Re:Web3: A VC-funded gig economy of securities fraud
by gigaflop on Wednesday April 13, 2022 @08:55AM
(#31014046)
I agree that most tokens are scammy trash, especially when advertised, but acknowledge that some will stand the test of time.
I don't think I'll ever hook up a wallet to my smartphone in order to use tap-to-pay in some hypothetical future, but I really do believe that crypto can be great at hopping traditional regulatory fences.
If I come across some desirable service offered on the web by a guy in Namibia, they're much more likely to get money from me if they accept something that I can easily acquire and send. I don't even know what Namibia's currency is, but they can list a price in BTC/ETH/DOGE and I can easily make my own judgements on whether it's worth it for me.
I don't think I'll ever hook up a wallet to my smartphone in order to use tap-to-pay in some hypothetical future, but I really do believe that crypto can be great at hopping traditional regulatory fences.
If I come across some desirable service offered on the web by a guy in Namibia, they're much more likely to get money from me if they accept something that I can easily acquire and send. I don't even know what Namibia's currency is, but they can list a price in BTC/ETH/DOGE and I can easily make my own judgements on whether it's worth it for me.