Web3/defi devs produced nothing of value

pic unrelated

How is it even possible, being familiar with crypto since early 2017. This space has produced nothing, literally nothing, not a single thing, that has a real tangible value outside of crypto ecosystem. Nothing that improves people's life, no service that helps people, nothing. Just gambling industry where you gamble on money and try to lure in greater fools.

Is this the greatest misallocation of funds in the history of mankind? It's starting to really feel like it.

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ICP creates value as a cheap decentralized alternative to AWS and BTC creates value as a way to protect money from increasingly tyrannical governments.

Yes everything else is a scam to accumulate more of those. And ETH.

You’ve introduced public/private key cryptography to a much broader audience.

pls no shill

Brave is up to nearly 60m users.

I'll never understand why people say shit like this without even considering the monumental amount of benefits it has for people from third-world countries.

>don't have to rely on your country's shitty currency anymore
>don't have to rely on your country's corrupt government and banks who can steal your money whenever they want
>can conduct psuedo-anonymous transactions without government surveillance

Imagine holding the ruble before the war or holding the lira before Erdogan lost half his brain and not BTC, ETH, or DAI.

>He doesn't know what Chainlink is about to do to the world

oh, really? How exactly, they are scared of it, because they can lose everything with a blink of an eye, that's why they hold their funds on exchanges.

How many of them actually started studying cryptography because of crypto? Almost no one. Asymmetric cryptography has been here for decades and everyone uses it daily in their browser

bloated browser disliked by every privacy-focused person on earth, except for blindfolded holders of BAT token and some normies.

retards think because X has always been the case that X will always be the case. they think we live in a static world but history shoes that to be obviously false

I agree, stablecoins are good as a more expensive alternative and more risky to banking (or less expensive in some parts of the world), what next? You don't need shitty volatile crypto whose team can exit scam the next second.

i was kept being spammed in 2017 before the private sale on Omisego's Slack by the "whales".

Just start the thread by coming out as a tranny next time. Also Any Forums is that way --->

CXO exists
Dunno about anything else

I feel you have missed the concept of having a cryptocurrency, not only does it give you a sense of value. It also gives you opportunities within the financial market.
i was able to make profits off the crypto market some years back and of recent i got the opportunity to stake MUST in one of the pairs of LP on Comethswap.
it isnt the greatest misallocation of funds for me as i am still profiting from my investment.

Explain how the BTC "team" can exit scam.

Lemonade just announced decentralised smart contract based crop insurance which will help farmers in third world countries survive through bad drought seasons etc. Does this not count?

Brave is a browser. BAT is nothing but a new monetization model for the same content/advertising loops that the market is already saturated with - and a shitty one full of incestuous crypto-moonboy garbage, at that. In practice it's literally just a crypto to monetize shilling other crypto.

That's all false, though.

>retards think because X has always been the case that X will always be the case
Good summary of cryptofags. They're mostly clueless zoomers who think the internet will always exist.

you just aren't looking in the right places... I'll give you one example and you're back to being on your own. lofty.ai

Applications that require high security, throughput, and speed are not improved by blockchain either POW or POS. Hashgraph has a chance to reduce the cost of payments, record keeping, file sharing and security, credential and property tracking, sharing and copyright enforcement of intellectual property, some security purposes, other miscellaneous things. Few people are even trying to utilize the only tech that could viably improve their business and the ones who are don't have any need to rush given that block chain is mostly obsolete for all of that and they don't have much competition. Some aggressive start ups could use hedera if they weren't distracted by ETH and in need of the excess investment in it to do anything. GRT LINK and ICP will not become attractive protocols because they are built on block chains, but the IP could be of use to a hashgraph ecosystem. Funds will be pretty limited though since everyone has made the mistake of apeing every penny into dead projects already and the fallout will be well. Lots of suis will happen. It's no ones fault in particular either.

Friendly reminder that LINK is on the Hedera council, in spite of the fact that Sergey had to have been aware that joining would draw the ire of the ETH-purist "crypto space" types. I would (and have, really) bet substantial money that he knows something and is planning something for the long term.