Dude, I couldn't make it past the "What To Know" part of that article without getting lost in the technobabble. But you know what? It pretty much looks and sounds like every single blurb new altcoins have on their websites, i.e, it'll only make sense to 0.05% of people--and that's if it's not nonsense to begin with.
Any wonder why bitcoin has succeeded while all of these idiotic shitcoins with DAOs and whatnot haven't even come close to living up to their hype? It's because the only people who understand the tech enough to use them a) have a solution in need of a problem, or b) are scammers. I'm looking right at'cha, DOT, Cosmos, ETH, and the rest of that lot.
Amen. I wonder sometimes where i'd be in my "knowledge base" of cryptocurrency if I wasn't a coin collector. Have been for decades but picked it back up big around 2013..man PM prices were also very attractive then too lol, but once I saw Casascius, my collecting really started to turn a diff direction, ,then Kialara and it was end game. This led me to collectibles sub with many brilliant cryptographers who collect or once did. Rusbitcoin, total pos but a brilliant cryptographer who use to be active here, maybe had the biggest influence..sure I knew to read/watch Andreas anything and everything and to listen to Greg, Adam, Nick, Hal etc and not Trevon James and the bitconnect fucks or the hot girl with big tits with 5M subscribers on YT who has no fn clue what shes talking about (which is like 99% of crypto YT channels)..but I would want coins to become something just because of how excited btc made me. IoT is a sector I invested heavily in early on and when IOTA came about I went to him..."bro, bitcoin". I like to smoke weed, and pot shops can't accept credit cards..hey Rusbit, what about Potcoin "bro, bitcoin". Looking back it's a bit embarrassing but thank god I lucked out and met many brilliant minds here who've given me the time of day to help teach me.
Had a text convo yesterday, buddy has .5btc, 1 ether , and 40k in doge...I told him to get rid of every single bit of doge..sure you can make money off anything but it's literally a coin made to make fun of crypto and it's biggest "backer" doesn't have a fucking clue how cryptography or cryptocurrency works (if you haven't seen the Elon, Jack, Cathie Wood round table, do yourself a favor). Just like that newly appointed AI / Crypto Czar trump just hired..David Sacks..what in the fuck does he know about cryptography or advanced programming ..he's got an economics degree, a law degree and is one of the founders of one of the worlds most corrupt money organizations...PayPal. He's a rich angel investor, got lucky creating a scam company that most people still believe to be legitimate.
I watched Idiocracy for the first time the other day after it was recommended during a convo like this. Chymist, if not seen it, do so! You'll understand why the recommend quickly.
Anyways I'm passionate about this stuff and now just bitching'blabbing on...thx all.