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Is Crypto Finally Dead?
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It mainly lost it appeal as crashes, arrests, lawsuits, and thief keep happeneding. It was shown to be scammy with scammers scamming.
And yeah the new hotness of LLMs also helped. The tech bros who use to be pushing "X but with crypto" are now looking to push "X but with AI".
Yeah this, mainstream big players in financial markets already figured out crypto is useless, so IT firms switched to selling AI to corporates instead.