Re:The AI hype bubble is the new crypto hype bubble
by constantcrying on Monday June 12, 2023 @05:23AM
(#36290594)
>To most people the main use of crypto is to make money go up. This is a dubious use case.
Not only is it a bad use case, it is self destructive. The only value a currency might have is if it is used in trade, holding currency "because the value goes up" is making it less useful as a currency.
Also BTC is very insufficient as an actual currency, especially from a purely technical standpoint.
Not only is it a bad use case, it is self destructive. The only value a currency might have is if it is used in trade, holding currency "because the value goes up" is making it less useful as a currency.
Also BTC is very insufficient as an actual currency, especially from a purely technical standpoint.