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234

Is Crypto Finally Dead? (beehaw.org)

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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[–] rknuu@beehaw.org 11 points 1 year ago (1 children)

Also, ML is just statistics and calculus.

[–] floofloof@lemmy.ca 5 points 1 year ago

It's true, and it's not much like real intelligence, all the hype notwithstanding. On the other hand, statistics and calculus are pretty powerful tools and so are the ML systems that use them.