227
Is Crypto Finally Dead?
(beehaw.org)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 19 Jun 2023
227 points (100.0% liked)
Technology
37805 readers
99 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
In the majority of people's eyes crypto is seen as a scam and something to avoid. The only thing crypto ever did for me was make things I actually care about more expensive.
I think it would take a lot to recover from the bad reputation it has gotten.
It was kinda shocking how negative public sentiment is. I am deep in crypto world so I am used to much more positive feedback on the stuff I am working on, because I guess I mostly hang out with crypto people
That sentiment was earned over time. The original reception of crypto wasn't bad, and large companies like Valve/Steam would accept bitcoin for a little while. All of that went away as bitcoin turned from a potential "digital money" to "just another pyramid scheme". Drying up the GPU market and making PC gaming unformidable didn't help.
This is a great point.
I've recovered from my Bitcoin maxi days, so I hope things move forward in the industry (namely, the normies learning about ETH)