Yes, I know that it still exist, and yes, decentralized currency which utilizes distributed, cryptographic validation is not actually a strictly bad idea, but…

Is the speculative investment scam, which crypto substantially represented, finally dead? Can we go back to buying gold bars and Pokemon cards?

I feel like it is, but I’m having a hard time putting my finger on why it lost its sheen. Maybe crypto scammers moved on to selling LLM “prompts?” Maybe the rug just got pulled enough times that everyone lost trust.

  • Landrin201@lemmy.ml
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    1 year ago

    No, it shouldn’t be compared to real currencies, because real currencies are real currencies that literally 99% of humanity is using literally every day to buy and sell goods.

    It’s like someone saying “I know that I am running a coal power plant out of my backyard that produces gigawatts of power every day that only I consume, but the rest of the country is also running on coal power too so I’m not the problem!”