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.

  • Rumblestiltskin@lemmy.caEnglish
    2·
    1 year ago

    Lol, somebody could write an opinion piece like this on decentralised social media and be just as wrong as you. Crypto is happily humming along and for some reason you are bitter that people like to use it.

    • catboss@feddit.deEnglish
      1·
      1 year ago

      I didn’t write my reply for you, but for the people not yet aware of the inherent dangers of an unregulated financial market such as cryptos.

      You can continue LARPing on the internet that you are some sort of mastermind investor. If that makes you happy, it is your money. I am just asking you politely to not try and sell your financial and tech illiteracy to your friends and family, only for them to inevitably lose all the money they invested trusting you.

      • Rumblestiltskin@lemmy.caEnglish
        1·
        1 year ago

        If people are actually interested in decentralised technology to escape abusive corporations then your insults to cryptocurrency users and assumed bad intentions of cryptocurrency users are not very convincing arguments.