You’re giving it too much credit, especially the altcoins that didn’t look beyond “existing”. I know, I made one like 7 years ago or so and I ain’t proud of it.
The instability of the worth of these crypto coins is just inherent to the instability of it, and actually not that different from currency fluctuations. You don’t think the entire world works with US dollars, no?
None of that is “by design” its just the result of an unstable system. Crypto sucks for a long list of different reasons.
it is by design for a lot of them.
The instability?
You’re giving it too much credit, especially the altcoins that didn’t look beyond “existing”. I know, I made one like 7 years ago or so and I ain’t proud of it.
The instability of the worth of these crypto coins is just inherent to the instability of it, and actually not that different from currency fluctuations. You don’t think the entire world works with US dollars, no?