Most of Rust job offers are in crypto

Re:Most of Rust job offers are in crypto by qualudeheart on Thursday May 26, 2022 @05:06PM (#31523363)

Each crypto market crash has only been a temporary set back. Market cap could drop 75% and still bounce back within the year.

The hyper-competitive and trustless nature of crypto rewards the most elite projects staffed by +4 SD minds. It’s like how Quant funds are a darwinian bloodbath.

The only way crypto is going away for good is replacement by vastly better technology or assets.

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Re:Most of Rust job offers are in crypto by snidane on Thursday May 26, 2022 @06:16PM (#31523975)

Crypto is just what you get in a zero interest rate world. That's how it started (fear of money inflation).

With interest rates in steady state rates, people would choose wisely if it's better to stash money into a regular savings account or into void of cryptoschemes with occassional jackpot.

I agree - the replacement is better assets, such as cash. When it is priced reasonably again.

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Re:Most of Rust job offers are in crypto by qualudeheart on Thursday May 26, 2022 @07:39PM (#31524575)

Those are good points. I haven’t seen much discussion of interest rates in crypto circles even with all the shady 10% APY staking programs designed to compete with savings accounts.

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