RE: Polymath | A Complete JOKE ... But a Strong BUY
Thanks man, I appreciate the review and the measured/contrarian tone. I'm personally a little tired of the crypto hype cycle.
Polymath is the latest in a long string of flavor of the week (except in crypto everything moves so fast - more like flavor of the hour). At this point, give me something I can see and/or use: I'm about good idea-ed out, actually. Crypto has a TON of good ideas, with very few working products. We're moving in the right direction, but I'm just a bit worn out.
What I hope for this year is more practical application, less theory. I'm more of a hodler instead of a day trader: I've decided that I'm okay with missing out on 100x. I'm tired of chasing every new flash that emerges and getting more excited about integration and practical use cases. Just the thought of opening a new exchange account, buying, sorting out a wallet, etc. is exhausting. Maybe I'm just getting crypto-old :)
Nothing against Polymath. I wish them well. If I miss the boat, I miss the boat, but I feel like I'm in enough boats already :) Once it's more established maybe I'll give it a look, but definitely not interested at this stage.
Practical applications are still some time away, hoping we start seeing some good ones prop up in about 5 years. Technology still needs a bit of time to evolve to work out a lot of the current quirks we are dealing with, especially as more cryptoassets begin to scale. It will be especially interesting to see what happens with DAGs once we start seeing some of those cryptoassets become adopted more and increase in network stress testing.