Cardano is more than just an investment

Cardanians.io (CRDNS pool)
Coinmonks
16 min readMay 24, 2022

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People come to cryptocurrencies for speculation. That’s fine, it’s in our nature to want to make a profit. Blockchain technology will only be successful if it overcomes the speculative aspect and offers people benefits that are insulated from market volatility. People must stay for the sake of greater freedom, the right to privacy, and the potential transformation of society.

TLDR

  • If we want to measure success, we first need to understand the mission of the project and set metrics accordingly.
  • People should see blockchain not only as a means of self-enrichment but more importantly as a technology that can play a significant role in transforming our society.
  • The utility of social networks is not linked to financial speculation. It can be the same with services built on blockchain.
  • Volatility is a utility killer and it starts with transaction fees.
  • Few people are willing to admit that most current economic models of many DeFi projects fail because of token volatility.
  • The service will attract new users and promote network effect growth only if it is actually useful compared to competitors.
  • Stable coins are a perfect example of how to push the value growth of volatile assets like ADA while…

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Cardanians.io (CRDNS pool)
Coinmonks

Proud Cardano ambassadors Jaromir Tesar & Lukas Barta. Operators of Cardanians pool with ticker #CRDNS — stake with us! https://cardanians.io/en/pools