Comment by @nelsongaldeman • Hey
USDT is super centralised and still benefits a lot from being on a blockchain.
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sure meme coins do as well ;-) there are projects benefiting from being in the "crypto ecosystem" (tbh they wouldn't exist outside e.g. USDT, there is no need for sth like USDT if you can use USD/EUR/...). What I'm referring to are projects building to create the best solution possible for a/b/c - independent of a given ecosystem. Blockchains are an awesome choice to create decentralised, credible neutral solutions. If that's not the goal, better use a database ;-). to be fair, there is/was another reason to use "blockchain" but I think that's "AI" now :-) -> https://www.cnbc.com/2017/12/21/long-island-iced-tea-micro-cap-adds-blockchain-to-name-and-stock-soars.html
true - but it also comes with its tail-end risks most of which are tied to it being centralised.