I have to understand if everyone runs away because they are afraid of this market or if actually, besides Bitcoin, the rest is fluff. For example, for me HIVE can't be fluff, it may fail, but the idea of a blockchain dedicated to social media is an idea worth risking some money for me
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Personally I think its all fluff, and I think you're conflating blockchain and tokens with a product, you don't need a blockchain or a token to run a distributed system, look at Nostr, its the same idea of sharing messaging without a central server, look at holepunch, its peer 2 peer data sharing without a token, You don't need a token or a blockchain
People are just emotionally tied to their investments because admitting you're wrong means admitting you got scammed and ego and pride wont allow it
This comment of yours is very interesting, but decentralizing information without a decentralized tokenomics is in my opinion an already lost action. Everything is based on money, to decentralize something I think it must have tokenomics
Lol how do you reconcile that idea when ALL tokenomics is governed by a central authority? They decide the issuance and who gets what, you just trade the float like the exit liquidity you're meant to be.
Decentralisation isn't achieved by slapping a token on access to a service run on central servers, decentralisation is achieved by you running your own instance as an option.
Also not a lot of things need to be decentralised apart from money
Thank you for this clarification and for this comparison. Your comments are always very interesting