Last August I want to get an idea of what the commonstock community thought of cryptocurrency and blockchain. It seemed the responses varied but mostly relied on the greater fool therapy to make a profit bc the next person will pay more for it than you did.

This is also how collectors make money on stamps, baseball cards but it’s also how people lost money on beanie babies.

I know a lot of crypto exchanges have come under scrutiny for fraud since that post. Has anyone’s view on crypto changed? Is it still the future of money? Have you personally used crypto to buy anything? Do you follow any companies incorporating blockchain into there business.

I wanted to do an update mainly bc my friend who has invested in crypto sent me this yesterday.

Here is Aug 2022 post