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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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[-] const_void@lemmy.ml 4 points 1 year ago

Hopefully. The only thing it was ever useful for was buying illegal drugs via Silk Road.

[-] drwho@beehaw.org 1 points 1 year ago

The Silk Road did more for harm reduction and harm management than anything else in the last ten years. Have to give 'em credit for that.

this post was submitted on 19 Jun 2023

231 points (100.0% liked)

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