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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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[-] Wander@yiffit.net 16 points 2 years ago

Nope. I use it on a weekly basis to pay for stuff on the internet. It's got its uses and the concept is sound. What you're talking about is the hype train that happens ever so often.

[-] SaintLunatic@midwest.social 8 points 2 years ago

What do you use crypto to pay for on the internet every week?

[-] volatile@beehaw.org 13 points 2 years ago
[-] kek_w_lol@lemmy.one 8 points 2 years ago

Wouldn't you like to know, fedboi.

[-] JackbyDev@programming.dev 2 points 2 years ago

"Did you know if you ask me if I'm a cop that I legally have to answer you truthfully if I'm a cop? So relax! What do you spend it on?"

[-] Wander@yiffit.net 3 points 2 years ago

Servers, VPN, domain names and recurring donations. Mostly donations every week. Servers and VPN on a monthly basis.

[-] Geo_bot@dataterm.digital 1 points 2 years ago

Look up crypto wallets and use the ones you can use on your local computer (don't bank your coins in exchanges)

[-] Geo_bot@dataterm.digital 2 points 2 years ago

I'm glad to see that paying for things is still an option. What I really hope for is that the future of crypto is all payments and the investors fuck off

this post was submitted on 19 Jun 2023
227 points (100.0% liked)

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