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An excellent experiment, to be sure.

An excellent experiment, to be sure.

(post is archived)

[–] 2 pts

While ignoring Barry, China, India, Hungary, Trump, and everyone else that essentially kicked the industry, causing it to crash repeatedly.

The elites missed the boat on crypto so they used their power to pull that boat back.

[–] 0 pt

Value incentive crypto is the only way to go. Brave is the first to create such a thing, and judging by the fact that they have too many advertisers wanting in but not enough slots for advertising that they are implementing an increase in maximum ads served in the nightly build shows that it should recover.

[–] 0 pt

I got out of BTC when it was still new because I saw it being used solely for things such as Silk Road when I had got into it because I liked the idea of being compensated for using a users resources to solve hashes since I wanted better technology, specifically graphics cards. Then Dread Pirate Roberts got busted, the FBI seized not only his wallets but the wallets of the exchange and escrow accounts, and with not only the media attention but so much artificial scarcity caused by such a large amount of the fungible commodity effectively being infinitely unavailable the demand ballooned and with it the liquid value. Still kicking myself. I think I just deleted my wallets. I have no idea. This was a decade ago.

Then I was broke when doge came out and didn't jump on it with what little I had.

Now all I have is alt coins that I got for passive participation, such as BAT, but even that which actually has a value not only because it is tied to an actual valued service - advertising - but also because facilitates another actual service - compensating content creators - is being affected due to market traders not understanding that not all crytpocurrency is BTC. I almost wish I had dumped right after Brave Search was announced because BAT was over the dollar - around 1.2 to 1.5 depending on the time of day - but I'll stick it out at least until Brave Search is deployed, and even in the short run it may recover because a new nightly build has employed an increase of ads served from 5 to 10 per hour, which should increase the valuation to advertisers once the change is implemented in the stable build.