"Crypto 3.0" is basically venture capital for app startups. They create a POS amount of shares of their company and trade it on bittrex etc.
I agree, crypto 3.0 is not currency.
Yeah, Verge is a purists cryptocurrency for people who want everything that bitcoin was supposed to be.
Developers are free to do any app building they want on top of the Verge chain, and in doing so they will be able to offer their clients full privacy. I'm dumb money though, all i can do is buy what i can afford, promote through social media, and cheer and root for dev and team to succeed because this world needs VERGE in it.
Well, actually, I do believe in crypto 3.0, but I still believe that it is in a hype bubble at the moment. I believe the hype is justified, but at some point, people will get bored or jump off the train, because they anticipated results righ away(I think we are multiple years, if not decades from a low key general use of Blockchain-as-a-service technology). At least in part, this money will flow back into more "traditional" coins, such as Verge, Monero, Doge, Decred(?) and maybe even Litecoin.
I have no idea how, but Verge should position itself in a good spot when the tide is rising again.