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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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[–] drwho 1 points 1 year ago

And because he gets a decent cut of the profits. Coming out ahead (for a while) has a way of assuaging one's worries.