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Is Crypto Finally Dead? (self.technology)

submitted 1 year ago by peanuts4life to c/technology

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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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[–] oxideSeven@lemmy.fmhy.ml 1 points 1 year ago

It makes me made anytime someone comes to me acting like physical cash is somehow the best. "I have cash on hand, give me a removed". Like, no buddy, that cash is an actual detriment to my life. I have an online bank. You know how tedious it is to have to go deposit that cash with a normal bank, I have to figure some special magic ritual to get mine in there. I should charge you an extra fee in fact! No soup for you!