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Is Crypto Finally Dead? (beehaw.org)

submitted 1 year ago by [email protected] to c/[email protected]

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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.

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[–] [email protected] 1 points 1 year ago

As long as Kim needs goods, crypto will exist...

[–] [email protected] 1 points 1 year ago

No, the market is down. stocks are down.

[–] [email protected] 1 points 1 year ago

I don't think it's dead, just dormant right now. It kicked up a looot of buzz and got a lot of attention, especially from bad actors and govs. I can see it getting big, again, I just don't know when.

[–] [email protected] 1 points 1 year ago (1 children)

I was naive enough to get into the crypto games, because I was hoping to earn some crypto for myself. I wasn't having much luck, and I started to tell myself that crypto was a scam. I enjoyed seeing the web3 browsers emerge, like Brave, Osiris, etc, as they offered a new infrastructure to the internet. Something decentralized, which was cool. I'm also disappointed that we now have AI browsers, which is scary and not a good direction to go in.

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

I'm also disappointed that we now have AI browsers, which is scary and not a good direction to go in.

Out of pure curiosity, why do you say this? In context of something like ChatGPT, it makes sense, but what do you think about stuff like local LLMs as assistants and embedded in browser infra?

[–] [email protected] 1 points 1 year ago

On our breakfast TV during the news segment they touch on international markets, e.g. "the DOW is xyz". They also have a slide on crypto and as well as listing Bitcoin and Etherium (or whatever it's called), I still can't believe they seriously show Dogecoin.

[–] [email protected] 1 points 1 year ago (2 children)

I hope the hype is dead. What are people buying drugs on the deep net with these days?

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