Speculation as the economic complement of Utility
I wanted to add to some thoughts I had in the post on Memetic Theory of Price I wrote a few days back.
Utility and
Crypto's true telos is possibility, not perfection
Telos (n): the ultimate aim, purpose, or end goal of an action, process, or existence. It's often used to describe the final cause
TradFi investors need to learn crypto lessons. Soon.
The Hype Cycle is a cliche in tech circles at this point. Most people are familiar with the investment implications of the cycle.
The accepted
Still Early
I head Data Science and AI for a startup in a "traditional" industry that lags the SOTA by about 5-10 years in terms
The Fork
The choice millenials and Z'ers then face in this regard is pretty stark - progress towards a promising future where value transfer happens on crypto rails knowing that it will result in even more speculation or opt-out and remain in a rigged system?