Crypto was sold as the hedge against inflation. Well, how did that go? Inflation started creeping up and crypto crashed. That's not the hedge I'm looking for.
What problem does Web3 solve? It helps us better manage nonsense. As we face fuel shortages, potential food shortages, a recession and stagflation I wouldn't want to be in the business of solving make-believe problems. If you're not doing work for a business that's providing tangible value to their customers then you're likely to be out of a job soon. All it takes is another rate hike of 25 basis points and we're in a whole new ballgame - and unlike 2008, which was fueled by financial nonsense that had been going on the preceding 10 years, we're going to have bona fide supply shortages to contend with as well.
What problem does Web3 solve? It helps us better manage nonsense. As we face fuel shortages, potential food shortages, a recession and stagflation I wouldn't want to be in the business of solving make-believe problems. If you're not doing work for a business that's providing tangible value to their customers then you're likely to be out of a job soon. All it takes is another rate hike of 25 basis points and we're in a whole new ballgame - and unlike 2008, which was fueled by financial nonsense that had been going on the preceding 10 years, we're going to have bona fide supply shortages to contend with as well.