Where are all the crypto use cases?

Re:Where are all the crypto use cases? by aeternum on Tuesday June 21, 2022 @01:44AM (#31820317)

>But if the speculative use cases dwarf the normal ones, won't their interests come first?

They will initially but just as we saw the the early internet, a crash can wipe out the speculation pretty efficiently and what remains might actually be useful.

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Re:Where are all the crypto use cases? by danaris on Tuesday June 21, 2022 @09:11AM (#31823502)

By the dot-com crash in 2000, there were a myriad of clear use cases for the Internet that normal people—those not particularly tech-savvy, and especially not those directly financially invested in Internet companies—used and recognized as very helpful.

Bitcoin has now been around for, what, 13 years? And aside from a very brief explosion of hype around NFTs that most people were fairly quickly able to recognize as nothing but more "greater fool" scams, most people not directly financially invested in blockchain projects either don't know or care blockchain exists, or see it as a bad thing.

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Re:Where are all the crypto use cases? by mirntyfirty on Tuesday June 21, 2022 @11:10AM (#31824834)

It was interesting how quickly the cloud providers got rid of their block chain offerings.

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Re:Where are all the crypto use cases? by tornato7 on Tuesday June 21, 2022 @11:47AM (#31825291)

Have they? It looks like Azure, AWS, and CloudFlare still have their blockchain services, and Google still maintains Ethereum-ETL. GCP made a big push into the space earlier this year with a dedicated team (but not much has come of that yet).

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Re:Where are all the crypto use cases? by mirntyfirty on Tuesday June 21, 2022 @01:08PM (#31826432)

That’s what I get for not verifying headlines.

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Re:Where are all the crypto use cases? by jrumbut on Tuesday June 21, 2022 @01:57AM (#31820413)

I don't know about the very early days, but since 1990 Internet adoption (globally) has only gone up.

Some stocks crashed, some specific sites went away, but the people involved just reorganized and made even more successful businesses.

If 50%+ of Internet users decided to disconnect that could cause some real problems.

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Re:Where are all the crypto use cases? by aeternum on Tuesday June 21, 2022 @10:39AM (#31824457)

Hasn't crypto adoption also generally only gone up? https://financesonline.com/number-of-blockchain-wallet-users...

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Re:Where are all the crypto use cases? by jrumbut on Tuesday June 21, 2022 @03:46PM (#31828277)

We are talking about a hypothetical future where the speculation interest goes away.

The poster I was responding to thought that would make room for more pragmatic applications but I'm not so sure.

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Re:Where are all the crypto use cases? by soco on Tuesday June 21, 2022 @04:08AM (#31821502)

Which early internet crash event are you referring to?

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Re:Where are all the crypto use cases? by ogogmad on Tuesday June 21, 2022 @04:52AM (#31821798)

The dot-com bubble that crashed circa 2000: https://en.wikipedia.org/wiki/Dot-com_bubble

I'm not convinced that crypto is like the dot-com bubble. With the early web, its use cases were fairly clear and immediate. With crypto, the use cases remain unclear and speculative even after 13 years of hype and fanfare.

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Re:Where are all the crypto use cases? by soco on Tuesday June 21, 2022 @05:14AM (#31821922)

I definitely wouldn't have thought to call the 00's "early internet" but that's maybe just me :)

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Re:Where are all the crypto use cases? by leereeves on Tuesday June 21, 2022 @04:21PM (#31828665)

It was early web anyway. The first web browser was released in 1993, and the first version of Netscape was released in 1994.

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