I wasted years of my life in crypto

I really love this thread more and more, so I just want to appreciate this moment right now because these discussions are genuinely fascinating to read and I wish to comment a lot and actually feel a little overwhelmed because of it haha

Personally I am really interested in stablecoins, I know there is nothing interesting about them fundamentally and I think people should have their money in banks but still there are coins like fusd if need be which are private

I hate crypto aside from stablecoins which feel "tolerable" to me, not too good not too bad either but what is the general consensus and is there some innovation happening in stablecoins as I see a lot of stablecoins exploding recently.

I have another interesting idea about stablecoins which I see literally noone or quite few people pick up but why is there literally no coin stable-pegged to a etf like vanguards world or similar, I know from a regulatory standpoint it can be hard to create from what I've heard but I've always wondered about it and I would love to know more.

Also just because I think stablecoins are a good-enough idea doesnt mean whole of crypto is and basically I actually want centralized finance to do what stablecoins do without the need of a chain and just be better in my opinion and If I ever work in crypto, it would be very related to stablecoin in my opinion (or I hope so) but I also dont see too much point in working on stablecoins when there are just so many and mostly its a regulatory issue but still stablecoins are definitely interesting to me honestly.

The use case I had for this is that I am a teenager and I had some crypto and currently its in gold but I wanted to invest it in stocks and I have seen that there are chains which are cheap too

Besides this, some privacy gains and some other small use cases personally I am not that big of a believer in crypto (I am one of the haters), I think the technology is cool but the whole industry tries to do unrealistic things which raises alarms as me as I am a index fund kind of guy.

Honestly in my opinion 90% of people dont ever need crypto, what we need are more services like privacy.com basically which can create virtual cards with limits so that shitty companies cant leak my data and lose it. Or if the world can implement something like UPI or even PIX, those seem to be the better option and I only consider something like stablecoin as a slow way to move towards something like UPI or PIX preferably at the world scale.

Edit: Nope, I do not think that I am gonna work on something like stablecoin or crypto related. Let me try to clarify, I was looking at how people create their own cross platform chain just out of curiosity regarding stablecoins and then I saw a crypto gambling token and that tilted me so hard...

Everything started making sense. The first and foremost use of crypto is gambling. Everything else is a rather side effect of it (like me being 17 being able to pay via crypto)

I feel like some/most crypto might prey on the weak and gullible who can be going through things financially maybe by gambling as in trading or literal gambling... and then make their lives even more bad too and now I understand what the author actually meant, I think I was interested to see if its an industry worth working in but in my honest opinion right now not really...

Unless, I can work with something which can make me more traditional finance and give me regulations, maybe having stablecoin then can be fine but even then I genuinely do not think so that I am a guy who wants to work in or create a place and then create all these regulations and similar... I find this whole thing pointless from my perspective as a developer.

Most crypto can be used to be unregulated, gambling, piracy etc. and I think have a very high abuse factor too...

It was very interesting but I was just trying to spend some time I guess just seeing how people made chains but nope, I do not know but I am deeply offended by these gambling companies and exchanges too who are for traders who most likely lose their money in this weird shit show most of the times.

I think um the solution personally is that I always liked the idea of paying for servers anonymously, hosting anonymous contact so that you can say things against govt lets say if govt becomes too authoritative etc. but the problem is that this is also an side product and I doubt how many things need it. France actively went against grapheneos but couldnt do nothing I guess except have them move their servers and there are many many server providers who can even understand situations and maybe having a better connection or understanding with server providers can help out more.