this post was submitted on 21 Sep 2023
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Technology
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Crypto and NFTs are complete scams, change my mind.
It's sad, I remember when bitcoin was new and the people interested were actually interested in breaking the state control of money. Now >99% of crypto people are just grifters and people trying to get rich quick.
My hope is the fintech people will be gone by the time someone thinks of an eco-friendly consensus protocol that isn't Proof of Stake (ie "the people with the most money have the most power").