Why wouldn't people be irrationally angry at crypto? Every mainstream use case marketed online has turned out to be an extreme dud.
Online payment system through bitcoin? High confirmation times, sometimes high fees, and very few accepting vendors
Deflationary store of value through bitcoin? Nope, just speculative frenzy.
"Ethereum World Computer"? More like platform for ERC20 token fraud. Top dapps get low thousands of users, so Etherum has thus far failed to turn up anything of note to the mainstream.
"Will be ready for mainstream once (SegWit / block size increase / lightning / PoS) is done"? None of these have materialized into any mainstream value.
On top every mainstream use case being a dud, the goalposts move every single time there's a discussion about crypto. If you bring up the transaction time, you get "it's supposed to be digital gold". If you bring up the speculative frenzy, you get the "it's supposed to be a foundational technology, not immediately useful". It's exhausting, and it's predictable that there can be no good faith discussion since the speculative price varies based on public opinion & new user buy-in (ie shilling galore).
It's great that some people in Venezuela have found blockchain actually useful for avoiding the collapse of their currency, rather than hypothetically useful like it is for the rest of the world. Personally, I would be happy to not hear from any blockchain project ever again unless it has say 100,000 daily users that actually use it "as intended" - say as a payment system rather than as a speculative investment, or as a decentralized computing platform rather than as a speculative investment disguised as a token.
Online payment system through bitcoin? High confirmation times, sometimes high fees, and very few accepting vendors
Deflationary store of value through bitcoin? Nope, just speculative frenzy.
"Ethereum World Computer"? More like platform for ERC20 token fraud. Top dapps get low thousands of users, so Etherum has thus far failed to turn up anything of note to the mainstream.
"Will be ready for mainstream once (SegWit / block size increase / lightning / PoS) is done"? None of these have materialized into any mainstream value.
On top every mainstream use case being a dud, the goalposts move every single time there's a discussion about crypto. If you bring up the transaction time, you get "it's supposed to be digital gold". If you bring up the speculative frenzy, you get the "it's supposed to be a foundational technology, not immediately useful". It's exhausting, and it's predictable that there can be no good faith discussion since the speculative price varies based on public opinion & new user buy-in (ie shilling galore).
It's great that some people in Venezuela have found blockchain actually useful for avoiding the collapse of their currency, rather than hypothetically useful like it is for the rest of the world. Personally, I would be happy to not hear from any blockchain project ever again unless it has say 100,000 daily users that actually use it "as intended" - say as a payment system rather than as a speculative investment, or as a decentralized computing platform rather than as a speculative investment disguised as a token.