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Is Crypto Finally Dead?
(beehaw.org)
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.
No. Bitcoin is the future of money. It really is the best form of money humanity has invented so far. People just need to stop trading shit coins.
Yeah man, keep huffing that copium.
Bitcoin has no long term plan for actually securing its chain. The fees don't add up to enough and the throughput is abysmal. Lightning is centralised and was disrupted because of chain congestion due to Ordinals.
Keep dreaming!
Do you use Bitcoin in real life?
Do you use any gold in real life to pay for stuff?
bitcoin will never be the dominant global currency. it couldn't even maintain its position as the dominant darknet currency. bitcoin is not perfect and you are part of a religious cult that bans people for pointing out its shortcomings.