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.

  • s_s@lemmy.one
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    1 year ago

    It’s been 13 years and the only applications found have been in fraud.

    Over and over, blockchain is a solution to a question nobody asked.

    You might as well say you’re a biplane enthusiast or something.

    • kestrel7@kbin.social
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      1 year ago

      Hey. Biplanes are actually much more relevant in today’s world than crypto. They aren’t common, but there are still new biplanes made because they are a valid solution for certain problems. Unlike blockchain.