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Re:Tether is “too big to fail” – the entire crypto industry ... by ris on Sunday December 13, 2020 @04:11PM (#25410311)
Before anyone gets worried that this means anything - it appears the author is using the term "crypto" in the "cryptocurrency" sense.
Re:Tether is “too big to fail” – the entire crypto industry ... by davidgerard on Sunday December 13, 2020 @04:51PM (#25410699)
I regret to inform everyone that "crypto" for "cryptocurrency" is standard finance jargon now.

If it makes you feel better, you can replace it with "cryptosporidium" and it'll still be correct.

Re:Tether is “too big to fail” – the entire crypto industry ... by contravariant on Sunday December 13, 2020 @05:06PM (#25410839)
Okay, now I want to know how long this has been part of the wikipedia article.

>Cryptosporidium, sometimes informally called crypto, is a genus of apicomplexan parasitic alveolates that can cause a respiratory and gastrointestinal illness (cryptosporidiosis) that primarily involves watery diarrhea (intestinal cryptosporidiosis) with or without a persistent cough (respiratory cryptosporidiosis) in both immunocompetent and immunodeficient humans.[1]

(emphasis mine)

Re:Tether is “too big to fail” – the entire crypto industry ... by davidgerard on Sunday December 13, 2020 @05:13PM (#25410881)
CDC's been calling it that for a while https://www.cdc.gov/parasites/crypto/index.html

Cryptocurrency: not even chlorine can clear it up

Re:Tether is “too big to fail” – the entire crypto industry ... by Tomte on Monday December 14, 2020 @02:21AM (#25414388)
Cryptozoology is the field where you try to keep abreast of all those new cryptocurrencies. ;-)
Re:Tether is “too big to fail” – the entire crypto industry ... by davidgerard on Sunday December 13, 2020 @05:13PM (#25410890)
I've changed the title to "cryptocurrency" to make it clear!
Re:Tether is “too big to fail” – the entire crypto industry ... by bawolff on Sunday December 13, 2020 @05:16PM (#25410927)
Is there really a [non-currency] "cryptography" industry? Cryptography is more an academic field, and well there are certainly companies in that space, they usually get grouped into what industry they serve, not as a "crypto" industry itself.

All that is to say, i thought it was pretty clear from context that we are talking about cryptocurrency.

Re:Tether is “too big to fail” – the entire crypto industry ... by acdha on Sunday December 13, 2020 @08:10PM (#25412238)
Yes - going back a century to the various cryptography systems which companies bought to protect telegram messages. Think companies like RSA but also Crypto AG, which is why the NSA subversion was so significant:

https://en.wikipedia.org/wiki/Crypto_AG

Cryptocurrency has had a huge VC bubble attracting attention to it but that’s mostly a marketing play which I suspect will age as well as “cyber”. The surviving companies will be finance companies, since everyone uses cryptography.

Re:Tether is “too big to fail” – the entire crypto industry ... by bawolff on Monday December 14, 2020 @03:31AM (#25414744)
Sure, the past was different. However we are in the present.

CryptoAG doesn't even exist anymore.

As far as RSA goes, look at their website https://www.rsa.com : it is all about risk management and compliance. Yes its an information security company, but is the modern version a crypto company? It doesn't look like it from their website.

I don't mean to suggest that there are literally no crypto companies, that is certainly not true, but it doesn't seem to be a unified industry by any means.

Re:Tether is “too big to fail” – the entire crypto industry ... by acdha on Monday December 14, 2020 @08:11AM (#25417068)
To the extent that it’s not an industry that’s because it by became part of the larger computer industry as everyone started needing it. If cryptocurrency proponents are lucky, the same will be true subsuming into the financial industry; if not, nobody will remember it except as an odd curiosity a few decades ago.
Re:Tether is “too big to fail” – the entire crypto industry ... by bawolff on Monday December 14, 2020 @03:03PM (#25422477)
Right, but that is kind of my point - the headline was clear in context it wasn't referring to the cryptography industry, because a separate cryptography industry doesn't really exist anymore.