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> ipfs and filecoin are extremely successful

Every discussion that I can find about IPFS on Hacker News has revolved around it not being useful.

In March 2020, Filecoin was trading around $185. Today it’s under $6.

I don’t see either of those as extremely successful.

Moreover, I doubt there is enough buyer interest in Filecoin to support funding developer salaries with “Filecoin treasury.” I suspect that any significant sale of Filecoin would tank the coin’s value.



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