Hello!
First of all please excuse my spelling mistakes, english is not my first language.
I am a big fan of yours, as you really seem to be the only sane person in this mania. However, i can’t understand why you are invested in this market in the first place. I agree with you on the fact that no cryptocurrency actually provides the value it’s being valued at.
I think we can observe similarities to the dotcom bubble, when people strated throwing money at companies with 0 profitability, 0 utility and 0 future, just because it was a new technology that they didn’t grasp, but felt like it was something big.
We can see new projects being born every single day, with great ideas and very promising teams, but i cannot see how these could make actual money. In order for such a project to succeed, it needs profits, not only investments, and i can’t see a single crypto-project reaching that profitability.
So my questions to you are:
How do crypto-projects actually make money?
Why are you in the game? Are you in to profit from the speculations?