Past narratives:
PC: No one needs home computers, they are toys for nerds. While it was true for a while, many realized there was usefulness and it changed the world. But it took time.
Internet: Only good for black market activities, nerds and it is a temporary fad.
Crypto: All crypto is a scam, utilized by blackmarket activities, a fad.
Our entire economy is mostly based on centralized sales points to help support distribution hubs and a variety of goods. So, the real power of decentralization the p2p transactions but it's going to take time to develop
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Agreed.
Only used for drugs, guns and porn.
Warren Buffett and Charlie Munger said so.
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