I disagree.
The pizza was an important part of Bitcoin's history. Those early days proved that it could be used for real value. By today's value it seems insane, but at the time, being able to do that was a big deal.
Crypto has value because you can buy and sell it and use it as money. If everyone did only buy it...then it would shoot up in value...until it was all being held...then crash. I guess that's kinda what happened to bitcoin, as the fees and speed made it far less usable at high prices.
There will always be people here just trying to make a buck.
There will also be people here that moved over from blogging that don't even really get crypto.
There will also be people here that came for whatever reason and then end up staying for the community.
Just because someone's here for whatever reason though, doesn't preclude them from adding something to the community.
I personally think what we need is development. We need more, better, interfaces and tools. This place as it is now would be fine in the late 90's and early 2000's, but it's nowhere near enough now. We'll slowly grow and get more things developed on the blockchain...then we'll explode once enough is here where normal people can join and have fun. Right now we might become a large blogging site...and a mediocre sized video site, etc, but we won't even have a chance to develop the community we need unless we improve what's here.
100% agreed.
This is why they keep selling it as a 'store of value' because when it comes to utility, it is relatively useless.
No it doesn't but at the same time, this article is about the entire crypto-scene. While some percentage of users on steem can add value, ost users of crypto aren't looking to add anything in. This makes it difficult for them to be part of a community where individuals should perform something for reward. For most, it is more comfortable to sit behind screens and look at charts.
This is happening but it moves slowly (I don't know why really) and will continue on.
I do both. :P
I think that the group over at steem.chat and certain discord groups are communities...though TBH I think some of the "communities" aren't actually anything of the sort, and are just a group acting for self interest. So, yeah, there are a lot of self-interested slobs on here...but there are also smaller communities, and a larger community in Steem...and I think over time that will develop more. Right now it's all new. It might be that we slough off a lot of those self interested POS with every crash. I can think of a few high profile ones that disappeared. Good riddance.
Yeah, there are many and I don't ind losing some unnecessary weight.
Have you been following the recent lightning implementation? It enables bitcoin transactions within seconds and with fees of just few satoshis. It seems to be growing quite fast and will be a big game changer if adopted in full
I haven't been following but I hope that it works since essentially everything is still tied to BTC
I think it has been operational for around 6 months now, slowly building connectivity as people need to setup their own nodes and put funds into the lightning network. Just recently the maximum capacity of it surpassed over 300 BTC so it seems trust is slowly building towards it.
With it you could be buying a single gum with 1 millisatoshi fee (yes, it can go lower than 1 satoshi), and all that in seconds. The tech is being built, sadly crypto is doomed to follow these boom and doom cycles that are insane in their volatility.
I don't hold any btc myself which may prove stupid later :)
I think it's not a stupid idea to be holding at least 0.1 btc before the next halving and just forgetting it exists for a decade or two considering past performance. The limited supply and increasing adoption can make the price reach insane levels with time and 0.1 btc will be enough to not feel left out :)
That's my thinking, if crypto booms yet again after this making new highs yet again, even 0.1 btc will be out of my reach for forever so I'm grabbing my soon. People are saying 3k per bitcoin could be possible so it's best to be patient in this current market.