No, the market is down. stocks are down.
this post was submitted on 19 Jun 2023
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Most people are shifting towards the AI trend instead. Read a post which somewhat describes it well, people integrate the new trends into their projects to get more investor money. Nothing looks better to investors other than 'We have AI Blockchain nano technology behind our service'.
Last year, 'we have blockchain' earned lots of money. Now it's 'we have AI'. In both cases, the technology probably isn't needed, it is there just to be there.
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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.
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?
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.
My partner just got a DM on Instagram about... cryptomoney! Funny thing is, if you search the company, the entire first page is about scandals and negative things. And it is on some MLM list too.
So, the grifters are still out grifting.
There are also a lot of crypto scam sites popping up, where a scammer will set up a fake crypto exchange site that looks real on first glance, hoping you make an account, give them all your identity information, and "deposit" a bunch of money/crypto into it, which they run off with.
It's not dead, but the SEC sure has been really helping the consumers basically tanking the market about everytime they help....