A little embarrassing…but before becoming a socialist, I briefly got into cryptocurrency 🤮. I had staked (locked up) some crypto on Coinbase and they kept extending the period before I could sell it.
Well, they finally let me sell it and now I don’t have any crypto. One positive about this experience…I doubt I’ll ever get scammed again.
It will be used. Iran and the DPRK are already putting resources into it. What I always say is that it is something which will be useful, not valuable (in the long run). Also, I don’t judge a tool entirely based on how it’s been used by some people. I am still withholding judgment… from an administrative perspective I think blockchain and NFTs will be very convenient. But in the meantime it is definitely being used as a speculative cash grab by wall street and your standard capitalist leeches.