this post was submitted on 19 Jun 2023
235 points (100.0% liked)

Technology

37742 readers
509 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS
alyaza@beehaw.org
TheRtRevKaiser@beehaw.org
gyrfalcon@beehaw.org
rs5th@beehaw.org
Los@beehaw.org
coldredlight@beehaw.org
SemioticStandard@beehaw.org
TheRtRevKaiser@kbin.social
remington@beehaw.org
235
Is Crypto Finally Dead? (beehaw.org)
submitted 1 year ago by peanuts4life@beehaw.org to c/technology@beehaw.org
281 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] FaceDeer@kbin.social 4 points 1 year ago (1 children)

I explicitly said in my comment:

Unfortunately this adds some complication to the registration process that the Fediverse really can't afford right now.

You don't appear to have actually read it all the way through, just triggered a standard anti-NFT rant off of the fact that the word "NFT" was present in it. Which is ironically exactly the problem I was complaining about.

[–] androogee@midwest.social 2 points 1 year ago* (last edited 1 year ago)

I read it. And I disagree.

It isn't that it can't handle it "right now." It will never handle it. Nobody wants it.

But I bet "you can't read, you're just triggered by a word" is way easier to fantasize about than actually paying attention to reality.