AI can make porn. It's not going anywhere.
this post was submitted on 05 Oct 2024
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Watching cryptobros lose their life savings was my kink.
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.
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.
There are plenty of people who want a digital equivalent to cash from a privacy perspective.
Crypto is the exact opposite of private. You literally share all your transactions with everyone.
totally whiffed on crypto.
at least 130 countries are working on developing national cryptocurrencies.
Bitcoin goes from $15 to $62,000 in ten years
crypto market cap goes from $11 billion to two trillion dollars in ten years.
The only people calling crypto a failure are ig'nant or covered in salt.
at least 130 countries are working on developing national cryptocurrencies.
CBDCs aren't cryptocurrencies.
As for the rest, "It's good because it's making lots of money" isn't as persuasive an argument as you think it is.
"CBDCs aren't cryptocurrencies"
Love to hear how you think cryptographic digital currencies aren't cryptographic digital currencies.
"As for the rest, "It's good because it's making lots of money""
cryptocurrencies are exceptionally popular tech with very active communities developing new technology that is constantly gaining popularity and value.
by your flawed metrics, solar power is "hype".
Love to hear how you think digital currencies aren't digital currencies.
Not all digital currencies are cryptocurrencies. CBDCs are digital implementations of government-backed fiat currencies. If you don't understand the difference I don't have time to try to convince you, sorry.
by your flawed metrics, solar power is "hype".
Solar power produces energy. Cryptocurrency produces nothing and wastes energy doing it.