this post was submitted on 19 Jun 2023
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Technology
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Crypto won't ever die, too many people have too much money invested in it for it to die.
But it's going nowhere. If I can't buy groceries with a bitcoin, then it's worthless. It got popular because people used it to trade drugs. I don't even think you can do that on tor anymore.
Without practical uses it's nothing but a Ponzi scheme, which is why every thread about crypto has a few true believers urging others to "invest".
You could not be more incorrect about that last point