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Is Crypto Finally Dead? (beehaw.org)

submitted 1 year ago by [email protected] to c/[email protected]

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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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[–] [email protected] 4 points 1 year ago (1 children)

there is a group of influencers in tech that seem to jump from topic to topic, re-selling peoples projects and poorly written training/success classes. its sometimes shocking how quickly some of them change. Ive been doing AI on and off for 6 years now and I know a number of these people could not spell "neural network" a couple years ago.

[–] [email protected] 3 points 1 year ago

I have worked with these people. They are very good at skimming the surface of every new thing and convincing others they are experts. Meanwhile, the really smart people are often busy with the projects they're already deeply immersed in, so they can't turn on a dime like this, nor do they want to.