I'm really starting to lose faith in the space, and just write the entirety of current blockchains as nothing more than get rich quick schemes.. I come from a very open source and open collaboration for the good of all type background, and what I'm seeing is just, maybe easiest described as exploitation of the well meant intentions of others...
Some of this is on purpose and some of this is just the road to hell is paved by good intentions.
Many people want to build a project but fail to deliver value, they are not specifically trying to scam people but they over estimate the value of what they are providing. On Hive, most everything boils down to assigning the inflation to someone else as it is very difficult to provide value without costs and most people don't want to pay out of pocket.
I think you can look at a lot of tokens and find this situation on and off Hive.
Crypto is truly the new Wild West, I mean someone is paying over $2M for a digital copy of Jack's first Tweet on Twitter. It doesn't get more ridiculous than that.
Posted Using LeoFinance Beta
Very true. Yea, I saw an article on the tweet madness and just shook my head. But I'm also one that's not sold on "image" and other NFTs... Ownership on the internet is a funny thing, since it was meant to be free and open. LoL.
Any identity based coins you follow?
thoughts on AI managed KYC? (No human interaction, just a bot saying someone is who they say they are) had that random idea recently and didn't bother to see if anyone is working in that space. Not that I'm a huge fan of kyc shit, but if we're aiming for mainstream, that needs to be a thing yea?
No
Think it has a lot of work to become mainstream.
Posted Using LeoFinance Beta