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It all depends on how you interpret the word “value” honestly. Some people will tell you that as long as someone is willing to pay “X” amount of money for something, then it is worth “X” amount.

And while this is definitely correct when it comes to a technical school of thought, I think that real “value” when it comes to emerging technologies like crypto and blockchain lies in how much said technology can benefit us as humans and societies.

Again, this is all completely subjective as I stated in the title, but it’s nice to delve into more than one school of thought.

There will always be people who will support memecoins and hypecoins and this is all based on experience.

These people might be over invested in these projects or were one of the lucky investors that actually made money off of these coins.

But the reality is, these projects offer no real utility nor “value” to human society.

DAOs and DeFi on the other hand are a completely different story.

While the concept is still new and VERY far away from being mainstream, DAOs and DeFi have the potential to reshape society if they do in fact go mainstream.

With decentralized platforms like MakerDAO you can borrow fund any day of the year at any time regardless of your background, ethnicity, age, gender, criminal record or anything else as long as you’re working within the limits of the blockchain   
With DAOs like Bitdao you can literally govern the platform you invested your hard earned money in. You have a voice and can give you opinion on what should and shouldn’t be added to the platform in a democratic way.

Personally, I think this has WAY more value than “I’d like to buy this coin for X amount of stables”

DAOs and DeFi are a technology that we’ve never had the luxury to take advantage of so I think it wiser of us to be focusing on developing these technologies instead of sinking funds into a dog coin.
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Until they dont.
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Cough Cough *Celsius*
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Wow, thank you for the effort I was actually curious about DAOs and will be happy to read this and learn more.

It seems like DAOs are just internet LLCs or Partnerships. It will be interesting how the legal framework codifies these going forward.
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Value is what people will pay at a given time for a given amount , not how much you think it should be worth and certainly not potential of a larger overarching technology.

The way I see it, blockchain is valuable, most random projects are not…until they are. And even then, they likely won’t be valuable long term.

It’s all random, and the few big guys will win, but we have no idea who that is. Could be an early first ti market defi, could be a huge drop in from an existing corporate entity, could be from the government, or could be from a late entry.

It’s a horse race without odds, true blind gambling. Unless of course you have millions to spend on marketing to pump and market your product, like any other brand.
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I don't understand why this is considered subjective
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IMO real value comes from utility.

Projects with a real use case will always be more valuable in the long run.
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>I think that real “value” when it comes to emerging technologies like crypto and blockchain lies in how much said technology can benefit us as humans and societies

Agreed with this.

Several products are being developed today; private messaging app, defi liquidity aggregators, data marketplaces etc which is really benefitting users of this decentralized space.

 It's just that the market is not rational, people still continues to invest in memes, but I think that will change at some point.
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If they are treated more like LLCs then that will be a good thing for investors.
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Very good explanation. I’ve been talking to my friend about it because he basically got into crypto cause of me. Everytime he has some type of issue he’ll contact me etc. lately I’ve been discussing about cross-chain utilization, as well as being on board with passive-income, staking, liquidity pairs. I want to make sure I generally know every aspect but I always try to read . DeFi is the way, compared to banking institutions and some people don’t believe in crypto that I’ve come across as well.
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Haha this should not be subjective that much imo. Utility is what i am here for and nothing can change my mind. The DeFi space offers really opportunity for change and that won't change. Projects like Cartesi are helping solidify the layer 2 space by bringing simple programming languages onboard.
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