All these companies gave their tokens to these "partnerships" for free? There's no price action and the usage just appears to be "we will use it until we run out of coins, if it's good we will finally commit". Meanwhile bagholders essentially paid for this free trial period since all of these companies are making enough money to stay open by dumping. What are your thoughts?

>>60553986 (OP)
Yes but the promise always was
>we are the future
and that everything will move into Blockchains so that these companies make insane profits.
But so far the only real use cases of blockchain which generates massive income are stablecoins (and the companies just take the profits themselves) and lending/borrowing where you can profit by ledning.

>>60554037
I agree anon stable coins appear to be the only real use case companies are interested in. Once I saw the interview with the BofA exec confirming they plan on going in hard on stables and transactions I knew it was really the only thing they have been really wanting. What's the end game here though? I'm sure stables will be used to fuck over the general public in some way.

>>60554068
The end game is for companies to make money holding bonds and for the governments to have bonds sold and optimally for the people lots of fiat to choose from worldwide and send them everywhere. It's a net positive I think.