Showing posts with label vaporware. Show all posts
Showing posts with label vaporware. Show all posts

Tuesday 20 September 2022

Crypto's vaporware problem

Vaporware refers to products not underpinned by realistic assumptions or a solution looking for a non-existent or overstated problem. The Blockchain has it too.

"Humans are fundamentally irrational beings: we have the tendency to overvalue far-fetched stories and undervalue practical reality, especially in times of abundance. It is during these times when narratives take precedence over fundamentals, that ‘vaporware’ projects will spawn en-masse." 
 
Read more HERE.
 
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