I have to say, the technology behind cryptocurrencies is brilliant, but unfortunately, it got misused and got ironically centralised.
NFTs are stupid.
Now with hype train dying, we could see some real use of AI.

[–] KinglyWeevil@lemmy.dbzer0.com 0 points 2 years ago (1 children)

You see, no one actually wants a digital currency. There have been several (nano was my favorite) that functioned especially well as a currency, because it used very little compute power to perform or verify transactions.

But a currency is stable. Which means you don't magically make money by holding or trading it. So it doesn't get attention, and therefore doesn't get widely adopted.

Everyone likes Bitcoin because it's speculative digital gold.

[–] 9point6@lemmy.world 0 points 2 years ago (1 children)

There are plenty of people who want a digital equivalent to cash from a privacy perspective.

[–] tyler@programming.dev 0 points 2 years ago

Crypto is the exact opposite of private. You literally share all your transactions with everyone.