Flatcoins seem interesting to me. A stablecoin that moves in line with inflation. https://decrypt.co/155775/flatcoins-new-thing-on-the-horizon...
IMO we need financial alternatives. If you see what happened in Argentina, Turkey, Lebanon...people's life savings being stolen overnight.
There is a problem that needs solving. Whether thats a problem that can be solved with technology or not, IDK. I doubt it.
https://web3isgoinggreat.com/charts/top (“$68,004,906,103 has been lost to hacks, scams, fraud, and other disasters since January 1, 2021.”)
Would love to see how much money PayPal and stripe freeze on a yearly basis.
If you want to avoid that you have to follow the original Bitcoin vision where everyone had their own node, but I don't think anybody actually works like that these days, to a very small rounding error. Everything interacts with some sort of very centralized service that can screw you over.
Yeah, you can theoretically operate without any of that. Just pretty much nobody does.
Who measures inflation? Why, the same central bankers crypto people inveigh against. This coin will give them a lovely arbitrage opportunity against all the holders.
And we see the same happen with cryptocurrencies with astonishing regularity.
Sounds like crypto to me.