There's a huge swing against literally anything crypto-related at the moment. I feel a big part of it is that big gaming companies pricked their ears up on the idea of NFTs and being able to own a marketplace sipping the cream from billions of microtransactions in realtime. Serious gamers really, really don't like that idea, having already been screwed down by DLC's, Pre-ordering, buggy and unfinished games, "seasons", "surprise mechanics" (literally gambling for virtual items).
The general consensus has spun around to being that anything crypto is a scam, elaborate ponzi/pyramid scheme, etc, etc. Bored Apes is a bit silly, NFTs could technically be used for so much more but that would require the right platform, and legislative support (ie the backing of society) to have meaning.
I think the cat is out of the bag tech-wise. I think you're right that improvements will be made - blockchain / distributed ledger / whatever you want simply exists now, and I doubt it will ever stop existing. Ignoring the tidal wave of criticism it faces now, some valid, some not, it has inherent technological advantages in cases where trustless, distributed, peer to peer transactional events need to be rigidly catalogued and visible to all participants.
I also think most of these positive advancements that will change the fabric of society yada yada, will require the profit motive to be eliminated completely, where maintaining a blockchain becomes something done for ethical or moral reasons like folding@home rather than hoping to ride the next whale's massive pump. It's kinda sad how desparate we all are for riches, billions of us but the financial incentive is the best motivator we could come up with.
But I digress. Prepare to be shouted down over the next few months / years for saying anything positive about any blockchainish-tech, it's all pretty well tarred with the same brush as NFTs and dodgey doge market manipulation at this point. It'll calm down eventually. It is what it is. Probably a well deserved critique of a concept that is still at a point equivalent to computers in the 80s vs smartphones today.
Give it time. People will find a proper use for it.
The general consensus has spun around to being that anything crypto is a scam, elaborate ponzi/pyramid scheme, etc, etc. Bored Apes is a bit silly, NFTs could technically be used for so much more but that would require the right platform, and legislative support (ie the backing of society) to have meaning.
I think the cat is out of the bag tech-wise. I think you're right that improvements will be made - blockchain / distributed ledger / whatever you want simply exists now, and I doubt it will ever stop existing. Ignoring the tidal wave of criticism it faces now, some valid, some not, it has inherent technological advantages in cases where trustless, distributed, peer to peer transactional events need to be rigidly catalogued and visible to all participants.
I also think most of these positive advancements that will change the fabric of society yada yada, will require the profit motive to be eliminated completely, where maintaining a blockchain becomes something done for ethical or moral reasons like folding@home rather than hoping to ride the next whale's massive pump. It's kinda sad how desparate we all are for riches, billions of us but the financial incentive is the best motivator we could come up with.
But I digress. Prepare to be shouted down over the next few months / years for saying anything positive about any blockchainish-tech, it's all pretty well tarred with the same brush as NFTs and dodgey doge market manipulation at this point. It'll calm down eventually. It is what it is. Probably a well deserved critique of a concept that is still at a point equivalent to computers in the 80s vs smartphones today.
Give it time. People will find a proper use for it.