this post was submitted on 18 Mar 2025
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Agreed. The upper estimate is that only 5% of money laundering goes through crypto.
If we can somehow kill off the bulk of the pump and dump nonsense and discourage speculation, maybe we can get somewhere with crypto.
First wave was ICOs
Second wave was NFTs
Third wave was (is) memecoins
Are the waves are getting smaller?
Next wave is real-world asset tokenization. I think we'll see more and more shifts to useful applications as the tech matures.
Hopefully. It seems like the whole dapps/web 3 thing fizzled, so it's probably not going to be that next.