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Ex-bank CEO gets 24 years after falling for crypto scam, causing bank collapse (arstechnica.com)

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] -2 points 3 months ago (2 children)

Each is a technology with unique features for its time, and where there aren't any practical applications initially.

[–] [email protected] 6 points 3 months ago

For each steam power there are thousands of similar inventions that never see the light of practical use cases. We just remember those that had significant breakthroughs.

[–] [email protected] 4 points 3 months ago (1 children)

Still doesn't mean crypto is like steam, nor that it will ever have any practical application

[–] [email protected] -3 points 3 months ago (1 children)

I'm sure the ancient Greeks said similar things about their steam pinwheels.

[–] [email protected] 1 points 3 months ago

you know, the fact that they were right sort of undermines your argument, Hero's engine really diden't amount to anything outside a fun curio for wealthy aristocrats, modern steam engines are not based on this invention, the modern steam engine comes from early pressure-cooking