Quote:
Originally Posted by SkinnyPupp
I mean I don't see it as a viable thing mainstream people will get into
It's there for speculators to resell their related NFTs
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I mean so is crypto in general?
what exactly can mainstream regular people do with crypto that regular finance can't solve. decentralization privacy etc, you can use gold/silver barter for things heck just even use cash.
99% of mainstream people that buy crypto are speculators. Most have never used crypto beyond buying with fiat. Wait for it to go up, sell for fiat. You can use extreme examples such as ultra inflation, needing to escape war with just the cloth on your back, and your ledger with bitcoin. But let's be real these are extreme situations that 99% of crypto users will never encounter. Most if not all crypto users just want their coin to appreciate and it sits in their wallet doing nothing until it does go up in price. Crypto has proven to be terrible for actual everyday usage due to the constant fluctuation in value vs fiat. Last I check it's been 10 years, even though lots of countries have adopted crypto. 100% of the world still settles their everyday debt in fiat.
When you deal with NFT 1ETH worth of Nft will always be 1ETH worth of NFT. You don't have to understand the concept, but there ARE mainstream people who are actively using crypto for the first time to explore NFT because they have found something they identify with and are actually using their crypto to spend on something rather than sit and wait for coin price to go up.
I may have done a terrible job explaining that STEPN app. But spending a couple of minutes in their discord and you will see people that have the first time in their life, figure out how to buy crypto set up a wallet, and brought an NFT to try the app and actually use it, picking up running as a habit because they are earning something for their effort. That is more giving it more of a chance than you have currently, looking at my brief and probably terrible explanation and dismissing it altogether. All the meanwhile declare that nobody else would use it when people actually are using it.
You are being very subjective when you just sweep the entire technology under the rug because you don't understand it. Think back to many years ago when you are trying to explain to the concept of crypto to people that thought it silly, useless and pointless.