That's why it's the investment space that needs disruption - which is why crypto is met with so much pushback on HN. A year ago, crypto-related stories made front page much less often, if at all.
Not a crypto hater. I even invest for fun and because you cannot deny the opportunity to make money rn. But don't expect people to ride the train blindly. I do think that crypto isn't going anywhere. But the current valuation of these coins is just absurd rn.
What's utility to you? Is buying a in-game COD skin utility? Or how about roblox bucks? How about the trillion dollar derivatives market?
All those things easily disrupted by DeFi.
COD skins and Roblox bucks can only be produced and sold by one company, so I don't see why you would need a decentralized protocol for them. CS:GO doesn't use DeFi, and apparently the market was active enough to be used almost entirely for money laundering.
For other financial markets, I can definitely see more of a case to be made, but it remains to be seen whether that will actually take off. From what I've seen, the crypto markets right now are primarily dealing in crypto, as I said.
The use cases for CRYPTO and NFT are extremely small.
Its a solution that's been looking for a problem for over 10 years.
>Is buying a in-game COD skin utility? Or how about roblox bucks? How about the trillion dollar derivatives market?
No.
Maybe there are some forward thinking people there who want crypto to be the driving factor behind refactoring from COBOL, who knows.
I was excited then, when it was new to me, but then I learnt the truth about blockchain