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RE: Before You Do This...

I think your presentation was fine. The primary issue is not your presentation, but is the fact that you hit two birds with one stone. People still don't understand that this is a bubble, which is why it's already difficult for them to understand that these cryptos will die in ten years (if not less)... now for someone who doesn't understand that, it's difficult to tell them that this or that crypto is not gonna win because of the tech, because believers in crypto will always think that the tech is the problem making crypto not adopted by the masses, as opposed to the difficulties associated with making it understandable/usable for the masses just like they use cash.

Seriously, guys. Don't expect any of this not to be a bubble until you can tell your mom and dad about it comfortably. If you can't, then this is a bubble! It's that simple! Why would you expect that scalability is the primary problem when you still can't expect your mom to buy groceries with crypto even if it can do 1 billion transactions per second? This is the puzzle that I'm still trying to solve!

While I'm not a big fan of Rick Falkvinge, the CEO of Bitcoin Cash, but when he went on TV with RT channel, he said that there's a big bounty on making cryptos usable... not a big bounty on scalability. I never agreed with him more!

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I totally agree with you.

It's not like we're not using crypto because it's not fast enough, it's just because there's really no use for it right now...one good exception though is...steemit. I think this idea is amazing. I don't think it would replace youtube per instance, but could definately serve as a sort of patreon replacer or complement it.

I'm surprised a lot of content creators NEVER HEARD OF STEEMIT. In a live stream with UFDTECH (a tech youtuber that mines and trades crypto as well) I asked him if he was on steemit and he said "What The Fuck is Steemit?" But he knew what Steem was! Crazy.

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