> You know what will save the crypto revolution? Actual uses that are not gambling, speculation on crypto itself, or scams.
I think the problem is actually deeper than that. It's not just a lack of good use cases, cryptocurrency's fundamental design goals are things that most people not only don't care about but would actively try to avoid. An immutable financial ledger where you manage your own keys is actually a terrible solution for the average person, so you need a super compelling use case to make up for the downsides.
It can't just be an alternative to traditional finance. That's fine for people who are ideologically sold on the concept, but people who just want to go shopping or save money aren't going to find that super compelling. It has to do something way better that normal people actually care about. Really the best use case that's developed is cryptocurrency investing as a get rich quick scheme, but it's hard to see that as a sustainable model for any "revolution".
I think the problem is actually deeper than that. It's not just a lack of good use cases, cryptocurrency's fundamental design goals are things that most people not only don't care about but would actively try to avoid. An immutable financial ledger where you manage your own keys is actually a terrible solution for the average person, so you need a super compelling use case to make up for the downsides.
It can't just be an alternative to traditional finance. That's fine for people who are ideologically sold on the concept, but people who just want to go shopping or save money aren't going to find that super compelling. It has to do something way better that normal people actually care about. Really the best use case that's developed is cryptocurrency investing as a get rich quick scheme, but it's hard to see that as a sustainable model for any "revolution".