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[Jauwn] The Epic Games Store is a Landfill for Crypto Shovelware
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this post was submitted on 16 Oct 2023
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The whole issue is that crypto is supposed to be an incentive for contributing compute resources to a Blockchain. The value of those tokens are inherently linked to the value of the applications the Blockchain supports. The downfall of every crypto system has been the inversion of this fundamental relationship - you can't bootstrap a Blockchain app just by pumping the tokens, because people holding tokens for speculation don't contribute resources to the mesh.
Blockchain needs a killer app first. And crypto needs serious anti-speculation measures which incentives liquidity of the tokens.