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avatar of @mykos
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@mykos
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2 min read

i wasn't going to respond because i still feel this will go over many of you guys heads. I'll try anyway maybe it's one person out there that will understand. I don't think you all want cryptocurrencies to solve any real issues is number 1. Many of you just wanna get a pump coin going so you can take the money back to the real world and use it in the real world.

What you don't understand if your cryptos really solved a problem you wouldn't even care about it being a profitable business. That brings me to my second point. i guess myself and the bitcoin maximalist share this idea. That creating more and more businesses on the chain doesn't make any sense. That's why bitcoin doesn't care if anything gets built on top of it or not.

So i won't go into detail why trying to keep creating these for profit businesses on the chain are a bad idea. It's alot to unpack there so i'm going to move to the end summary and some of you will get it. Others will never get it. However it will remain the issue. The final step im the problem is you need to create an actual currency. We don't have a problem in creating businesses. We have a problem in creating a currency that works for us. Bitcoin tried to do it and failed miserably at it. That's what we're really looking for. Now i believe a solid currency can be built on the concept of metcalfe's law but you all won't achieve the greater part of metcalfe's law not one project i've seen. Anyway that's why you seeing a problem.

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