LogFAQs > #965122186

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, Database 10 ( 02.17.2022-12-01-2022 ), DB11, DB12, Clear

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Topic	The death of Web3 (crypto, NFT's, other blockchain uses)
IronBornCorps 05/18/22 7:02:07 AM #5:	Is this a crash? It's almost like the sector has never experienced this before, definitely isn't the third or fourth "crash". I mean, how could the price go down around the time taxes are due in the US after a bunch of legislation was passed on capital gains? There are tons of schemes, scams, and bad actors in the sector, sure. That's why they are called **coins. I think the hyper capitalism argument is funny too, with a DAO and a global distributed wallet, we could easily accomplish a socialist Utopia. It so just happened to play out as venture capitalists saw the economic potential, and created their own ecosystem using the tech. Innovation has no political agenda. <cite>IronBornCorps posted [p:965122186] in The death ... [t:80025103]...</cite> <quote>Is this a crash? It's almost like the sector has never experienced this before, definitely isn't the third or fourth "crash". I mean, how could the price go down around the time taxes are due in the US after a bunch of legislation was passed on capital gains? There are tons of schemes, scams, and bad actors in the sector, sure. That's why they are called **coins. I think the hyper capitalism argument is funny too, with a DAO and a global distributed wallet, we could easily accomplish a socialist Utopia. It so just happened to play out as venture capitalists saw the economic potential, and created their own ecosystem using the tech. Innovation has no political agenda. </quote> ... Copied to Clipboard!
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