Post
Topic
Board Economics
Re: Crypto is not limited till buying Bitcoins, it is beyond this.
by
teosanru
on 26/08/2021, 18:32:03 UTC
We saw threads where discussions sparked about how will the poor take the advantage of crypto and all of them limit their thinking to what will happen if BTC skyrockets. There were lots of great answers, but we have a different approach here in this matter. Even if the poor believe that they have missed the BTC train, why don't they spread their vision and look around?

We have:
+ NFTs (we know about one user who sold an NFT for $60k that he won for free - a life changing experience)

+ DeFi tokens (liquidity pools, staking, farming are all giving huge returns for small investors)

+ P2E (Play 2 Earn is another way to make money by playing games online and getting tokens or NFTs as rewards, some games have different types of rewards)
Actually, the problem is all this market has offered so far is speculation, NFTs are speculation, I am sure at least 50% of people will regret their decisions next year, Defi too have become more or less a tool for speculation, the impermanent loss during the bear run would be so high that a lot of people would actually regret staking at very high prices, while P2E token isn't something that is possible only due to blockchain, you can create such tokens without blockchain too without many hassles. But the main thing is utility tokens for example tokens like BAT, which are paving the way towards Web 3.0, KYC-based tokens are actually something that will give blockchain and cryptos a really good reputation.