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235

Is Crypto Finally Dead? (beehaw.org)

submitted 1 year ago by peanuts4life@beehaw.org to c/technology@beehaw.org

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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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[–] Mars@beehaw.org 17 points 1 year ago

It’s just another kind of MLM right now. It always has been. The superbowl Larry David add was the swan song for crypto mainstream appeal.

And you are right, most of the people that were telling you to buy cryptocurrency for reasons, now are into the “prompt engineering” fad.

Por metaverse, only the really unicorn-chasing and completely clueless about technology marketing “gurus” got into it.