183 karma · joined January 29, 2017
That said bitfinexed will likely say that everything in crypto is a scam, not just ftx. And I'd agree!
Their main focus is the tether scam though.
Why are you still pretending it's new????
Therefore the expectation has to be that almost everybody is insolvent, but most of them haven't been found out yet.
It seems reasonable to expect both tether and binance to implode over the next few years, but it's hard to predict exactly when.
As far as adoption goes, blockchain tech is practically useless and has gone nowhere in 14 years. There is no reason to expect that to change, so for all intents and purposes real crypto use (outside of crime and speculation) will remain as basically nothing and no industry anywhere will be 'disrupted' by it.
The price will randomly go up and down and more people will continue to get hooked into different scams. Crypto is here to stay in the same way that pyramid schemes and timeshares are here to stay.
Writing raw javascript is genuinely painful, I literally don't understand how people can even do it. Like, how do you even refactor code safely?
I think you've got cause and effect mixed up here.
It just isn't true. At all. There is zero comparison to be made between crypto and the early Internet, its incredibly dishonest.
I hope your funbux go to zero.
But I think web development has actually improved a lot. Frankly 10 years ago it was even worse.
Had we chucked Javascript in the bin a decade or two ago and built something new from scratch we'd probably be better off for it.