>> "It starts with digital services and it spiders out from there."
Silk Road was 11 years ago.
When?
Re:The entire crypto ecosystem is a ponzi
by monero-xmr on Monday November 28, 2022 @08:34AM
(#33773433)
The first electric car was made over 100 years ago and they are still only a fraction of all the cars on the road. Revolutionary tech doesn’t always take over in 10 years let alone 100.
Re:The entire crypto ecosystem is a ponzi
by IncRnd on Monday November 28, 2022 @10:17AM
(#33774631)
You're pushing a fake, invented history. Electric cars existed in the 1830's - about 200 years ago and 52 prior to gasoline powered cars. Electric cars were supplanted by gasoline powered cars. It's NOT that they just haven't caught on, yet.
Re:The entire crypto ecosystem is a ponzi
by IncRnd on Monday November 28, 2022 @09:00AM
(#33773719)
None of that actually applies to this discussion, which is about crypto not being money. The example given for crypto being money was a website that listed things that are not goods and services people use to live their lives. The goods that people use to live are not vpns and secret crypto exchanges but groceries, automobiles, clothing, doctor appointments, etc.
If you have some other list of goods and services that people can repeatedly and reliably purchase using crypto, you can provide that to show that crypto is money. The earlier list is almost entirely crypto exchanges and vpns, which is hardly a useful list of goods and services for normal day to day products that people use.
If you can't purchase goods and services with crypto, crypto is not money.
It starts with digital services and it spiders out from there. Enthusiasts who own retail stores accept crypto as a novelty or marketing strategy, but in 25 years it could be much more common.