Deffo not dead. I’ve been writing React almost everyday for years.
Deffo not dead. I’ve been writing React almost everyday for years.
LLM + general tool use seems to be quite effective.
USD has its own woes with inflation and trade wars so fundamentally isn't stable, compared to say gold. Other currencies have runaway inflation or much higher friction to transact.
However the promise of stablecoin is that it can be exchanged 1:1 with USD with transaction fees much lower than CC fees (on exchanges like Solana e.t.c).
Unlike fraud from FTX, USDC stablecoin buys US treasuries dollar for dollar. This generates demand for USD as well as Circle makes profit from treasury yields.
Elegant idea in a way. Fast, cross-border low fee transactions in USD.
Bitcoin now has proven itself as inflation-hedged store of value. USDC is proving itself as a way to transact on goods and services.
Obviously trust is earned as droplets but leaves in buckets.
Crypto is ripe with scams and shady exchanges.
Wouldn't call that a bubble. Sure some companies may run out of fuel but the Hyperscalers got a huge warchest to deploy for decades.
“No ads! No games! No gimmicks!”
I wonder how the early founders feel about what Whatsapp has become with random junk and gimmicks in the UI.
There is no deeper altruistic move here. It's capitalism at it's best or worse, depending on the observer.
Tesla went full Nazi and alienated their base.
I can see Ford and GM trucks still maintaining their core base, but Tesla doesn’t have an edge. They seem to be stuck 5 years ago.
China or Europe could steal him. It would be a loss.