Re:The End of My Childhood
by fbrusch on Thursday February 01, 2024 @04:28PM
(#39221699)
ether, Ethereum's native token, is required to pay for computation on a computer with peculiar properties (publicly visible, unmodifiable, unstoppable code, uncensorable interaction). If somebody finds that useful, he will need ethers, and you will be able to sell them yours. How would he be a (greater) fool?
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This is true in the case of chains that have vms built in, (Not bitcoin, Monero, meme shitcoins) but being “gas” for vms isn’t “inherent” to crypto.
On a kind unrelated note, are there any compelling dapps on eth that aren’t financial tools?
When I was playing around with web3 and dapps in 2020 it seemed like the only dapps around were banking protocols and gambling.