Technology
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.
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As long as Kim needs goods, crypto will exist...
There are always some new people who believe they can get rich quick by investing in stocks, crypto, NFTs or something else. Why don’t we just write numbers on ping pong balls, throw them in huge transparent plastic sphere, shuffle the balls a few times, pull out a few and give some money to anyone who guessed the right numbers. Oh, wait we’ve already invented the stupidity tax centuries ago.
Most people are shifting towards the AI trend instead. Read a post which somewhat describes it well, people integrate the new trends into their projects to get more investor money. Nothing looks better to investors other than 'We have AI Blockchain nano technology behind our service'.
Last year, 'we have blockchain' earned lots of money. Now it's 'we have AI'. In both cases, the technology probably isn't needed, it is there just to be there.
I hope the hype is dead. What are people buying drugs on the deep net with these days?
Good
considering the comments, it’s right now the best time to buy some eth
Bitcoin's in the low $29kus region lately (up from $26kus), so it looks like it's going to keep going. Also, big real money investors are now pretty long on cryptocurrency, so there is a vested interest in keeping it around.
Plus, you know, folks buying stuff on the black and grey markets with it. Wish I didn't have to mention drugs, but it's the easiest way to keep getting insulin for folks these days in addition to the usual recreational compounds.
On our breakfast TV during the news segment they touch on international markets, e.g. "the DOW is xyz". They also have a slide on crypto and as well as listing Bitcoin and Etherium (or whatever it's called), I still can't believe they seriously show Dogecoin.
My partner just got a DM on Instagram about... cryptomoney! Funny thing is, if you search the company, the entire first page is about scandals and negative things. And it is on some MLM list too.
So, the grifters are still out grifting.
There are also a lot of crypto scam sites popping up, where a scammer will set up a fake crypto exchange site that looks real on first glance, hoping you make an account, give them all your identity information, and "deposit" a bunch of money/crypto into it, which they run off with.
It's not dead, but the SEC sure has been really helping the consumers basically tanking the market about everytime they help....
I don't think it's dead, just dormant right now. It kicked up a looot of buzz and got a lot of attention, especially from bad actors and govs. I can see it getting big, again, I just don't know when.