It feels a little sneer-clubby to complain about people in this way online, but FFS, they really are obliged to understand their profession.
* Anything about Tether, other than "it's the largest stablecoin."
* That the primary users of their product in China are engaged in capital flight, rather than entrepreneurial speculation.
* That the people yelling 'To the moon' on Twitter and Discord are excited about making easy money, not about developing projects on their platform. And that the swag and meme competitions they were running were doing little to nothing to advance them with the audience their product actually needed to court.
These are developers? I’m a bit shocked, but this confirms my gut feeling that crypto is a huge bubble driven by Tether. It only takes government regulation to burst it, which imo is inevitable.
Arguably worse, but slightly less shocking? People who are developing corporate strategy for their companies - ie: everything other than the code, but including some doing product development and (omgwtf) market research (!!)
* Anything about Tether, other than "it's the largest stablecoin."
* That the primary users of their product in China are engaged in capital flight, rather than entrepreneurial speculation.
* That the people yelling 'To the moon' on Twitter and Discord are excited about making easy money, not about developing projects on their platform. And that the swag and meme competitions they were running were doing little to nothing to advance them with the audience their product actually needed to court.