Re:Protocol Labs is laying off 21% of staff (89 people)
by trogdor on Sunday February 05, 2023 @07:49AM
(#34664508)
> ipfs and filecoin are extremely successful
Every discussion that I can find about IPFS on Hacker News has revolved around it not being useful.
In March 2020, Filecoin was trading around $185. Today it’s under $6.
I don’t see either of those as extremely successful.
Moreover, I doubt there is enough buyer interest in Filecoin to support funding developer salaries with “Filecoin treasury.” I suspect that any significant sale of Filecoin would tank the coin’s value.
Every discussion that I can find about IPFS on Hacker News has revolved around it not being useful.
In March 2020, Filecoin was trading around $185. Today it’s under $6.
I don’t see either of those as extremely successful.
Moreover, I doubt there is enough buyer interest in Filecoin to support funding developer salaries with “Filecoin treasury.” I suspect that any significant sale of Filecoin would tank the coin’s value.