RE: Is crypto really dead?
You are viewing a single comment's thread:
It listed a certain number of projects of larger swiss companies in the crypto world that all failed. Then of course they spoke about the price decline of BTC, about the failures of Luna and FTX. Summing up that the crypto boom is over.
I didn't hear that ANY blockchain has stopped... Especially none of the decentralized blockchains did... Those who went down were companies that were milking money from people, without even using any technology in crypto... or any of the use cases that you mentioned...
But, I do agree... The bubble has popped and now it's time to filter-out bad actors and for quality to arise...
0
0
0.000
In a way it doesn't make much sense when companies start to build blockchains. If it has to be centralised then I believe a database is more efficient. There were a lot of projects that tried to include blockchain where it obvisously didn't make much sense. In the end it's kind of normal that these projects don't survive.
We will probably see a lot of coins and tokens disapear into meaninglessness to leave place for the projects that have a real economical sense.
It makes sense, but only to ride a buzzword, from a marketing perspective. Effectively, that blockchain will never be decentralized, or no company will build it to not own it.
I agree that from a marketing point of view it can be interesting to be "using" the modern technology. Othwerise it doesn't make much sense :-)