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237

Is Crypto Finally Dead? (beehaw.org)

submitted 1 year ago by peanuts4life@beehaw.org to c/technology@beehaw.org

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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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[–] bruzie 2 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.