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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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[–] Thebazilly@pathfinder.social 5 points 1 year ago (1 children)

Ok, I'm starting a new cryptocurrency, then, it's a Google Sheets page.

[–] mycelium_underground@lemmy.ml 1 points 1 year ago

If it's secure, reliable, and fully traceable then it has the potential to be valuable if people adopt it. Google sheets allows you to write scripts in many popular languages, so you could implement a Blockchain on it, it would be dumb, but you could do it.