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After years of investing in crypto, I am struggling to see how any of this could possibly be legitimate.

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by COINS NEWS 69 Views

As the title says. It just doesn't make sense to me why these companies would choose to make money off of the coin, or transaction fees alone (unless they are all out to make some cash and dash of course). All of this technology, all of these services, the use of a token/coin could be baked into being a publicly traded company.

The silly crypto dreams of crypto-maxis seem ages old by now. This isn't going to revolutionize the finance system as we know it. You've watched too much Mr. Robot or something. If you think some digital, super energy inefficient cash is going to store value forever... i've got bad news for you.

Eventually these companies and coins are going to need to provide real world value. Otherwise it's nothing more than some weird digital swap meet that will only financially benefit a fraction of the people playing the game.

I am struggling to see how this becomes part of our society in a big way. I am struggling to see that this is all nothing more than the wild, wild west of fake money and great advertising. I don't really understand a world where these companies are successful and legitimized without years of legislation.

I'm sure this will be downvoted to hell. But does anyone see a path to where this is not just some form of crazy day trading?

submitted by /u/u-and-whose-army
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