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164

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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[–] Schooner@lemmy.ml 0 points 1 year ago (1 children)

I think he's confusing a validator with a node. You can easily run a node on a Pi.

[–] nii236@lemmy.jtmn.dev 1 points 1 year ago

Ah that would be make sense, but most people wouldn't see the point in running a node. People automatically think of "mining" or "validator"