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.

    • jmp242
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      This just makes me think the fediverse is simple (and costs you way less money) compared to crypto. I do not want an OSI model for a Fricken currency.

      I am still left with I have USD and anyone I want to pay or give money to wants USD, GBP, or EUR. Adding exchange fees isn’t exactly compelling.