Re:Binance to Suspend US Dollar Bank Transfers
by red-iron-pine on Monday February 06, 2023 @04:56PM
(#34685007)
> it is literally a venture capital messageboard...
Venture Capital is about sorting through good ideas and bad ones, and finding the diamond in the rough, or persevering when no one else thinks an idea is good -- and being proven right.
Crypto has been a thing for a while now, and is mostly imploding. A few folks made a lot of money and laughed all the way to the bank. But a lot of people are eating it, hard. I had my hopes before, but after losing $2k and watching a lot of folks around me lose more, with no hope of a real system or change coming out of this, it's hard to see what's left to support.
Furthermore a lot of blockchain use cases and opportunities are absolutely unrelated to currency. The chain may yet have uses, but at this point I'll stick to EUR, USD, or maybe Yuan.
Venture Capital is about sorting through good ideas and bad ones, and finding the diamond in the rough, or persevering when no one else thinks an idea is good -- and being proven right.
Crypto has been a thing for a while now, and is mostly imploding. A few folks made a lot of money and laughed all the way to the bank. But a lot of people are eating it, hard. I had my hopes before, but after losing $2k and watching a lot of folks around me lose more, with no hope of a real system or change coming out of this, it's hard to see what's left to support.
Furthermore a lot of blockchain use cases and opportunities are absolutely unrelated to currency. The chain may yet have uses, but at this point I'll stick to EUR, USD, or maybe Yuan.