All the crypto is only real when you can buy a gatsby with the money you make.
If it gets too hypothetical, holding any number of tokens does not mean a thing. Since its value cannot be garuanteed then yes, some people create shitcoins, to get invested into and then rake in the money and the coin goes bust.
I do not like crypto and tokens who do not have utility other than holding a value then I skip it.
By that definition then no money would make the grade, money only has one use case to store value, and different financial assets just hold value in different ways over space and time. This idea that money must do all these things with smart contracts is just tech bro talk trying to fool people into giving them money for fantasy stories
For sure. Most of it, even regular old fiat monies has no inherent value. It is only a representation of energy transferral. If you are stranded on an island that is deserted of humans then you would have no use for money.
What I mean is that a lot of crypto "shitcoins" as you call them can't do anything.
Most of it is like that. I enjoy the play to earn space because of the economy of tokens and NFTs that allow you to not only build your collection, but to earn some income off your time spent.
I enjoy collecting HP because we know what it does to vote weight and initially RC. I know any crypto platform is only as strong as its community. It is decentralized so as long as Witnesses exist and people are using THIS space to chat than other places - then it is cool to have a good amount of HP!