What would you say to a person that thinks that crypto products (stuff built on the networks themselves) are solutions seeking a problem?

I had an incredibly spirited discussion with a non crypto friend of mine and was low key struggling to defend crypto enabled products. Help?

experience researcher & treasure hunter /openux || /manansh

I usually talk about the GameStop short squeeze and how hedge funds control all market liquidity and can shut down retail trading to protect their interests, and then explain AMMs. Or how people in countries with corrupt governments and no stable currency benefit from stablecoins

growing gardens in the dark forest ❀✿❀
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Great points. Especially the stablecoin part.