You are viewing a single comment's thread from:
RE: Millions Of Tokens: What Does It Mean And How Can They All Have Value?
Tons of vaporware. Remember the dot-com boom of the late 90s? HanseCoin and CoinMetro are two of the few platforms that are staying lock step with regulations as they unfold. 2020 will be the year of the regulator for the blockchain/cryptospace.
It's insulting to call communities vaporware. I've already written like three posts about why dot-com and crypto are absolutely nothing alike.
https://steemit.com/dot-com/@edicted/stinc-has-already-gone-bankrupt-by-dot-com-standards
If you bet on crypto going to same path as dot-com (most people) you're going to get burned. Would you say Linux Mint competes with Linux Ubuntu? What about Linux Kali? What about Arch Linux or Fedora?
Open source projects literally can't compete or be regulated and have extremely low overhead. They can't go bankrupt because the community is willing to work on them for free. If it has a community, it is valid. How many communities are there in the world? More than anyone can count to be sure.
Also, legitimate decentralized projects literally can't be regulated because no one is in charge of them. This is why regulators have been sitting on their hands for so long and choosing the most centralized projects to regulate.