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.

You are viewing a single thread.
View all comments
15 points

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.

permalink
report
reply
10 points

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

permalink
report
parent
reply
16 points

Nice try FBI

permalink
report
parent
reply
9 points

Wouldn’t you like to know, fedboi.

permalink
report
parent
reply
1 point

“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?”

permalink
report
parent
reply
2 points

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

permalink
report
parent
reply
0 points

Thanks for the response. Aside from the fed responses lol I was wondering what people actually used it for since we can’t deny there is a lack of products you can buy with crypto. I will def start using it for donations and VPN

permalink
report
parent
reply
1 point

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

permalink
report
parent
reply
2 points

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

permalink
report
parent
reply

Technology

!technology@beehaw.org

Create post

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.

Community stats

  • 2.7K

    Monthly active users

  • 3.5K

    Posts

  • 82K

    Comments