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We Like the Nouns
In crypto, the price follows this weird (but structured) feedback loop where it actually increases the fundamental value by rising.The rising price creates more interest, which leads to new ideas, new startups, and new projects who ultimately feedback into a positive price again due to the innovation happening.
What´s a Blockchain? A virtual
Chris Dixon • Chris Dixon: Crypto Networks and Why They Matter
Of course there are some cynical people that are on the web3 bandwagon despite privately believing it’s all driven by a bullshit narrative designed to trick greater fools into paying hyperinflated prices for worthless jpegs. But I don’t think short-term flipping is the main cause of what’s happening right now. Genuine long-term belief in the paradi... See more