zlacker

Crypto is fun as a concept but after more than a decade it doesn't seem to be useful for much, apart from speculation. And I say this as someone who has fooled around with crypto a lot.

AI has plenty of use cases. Just ChatGPT alone is helping me everyday in many different ways. I don't think it's remotely comparable.

>>Al-Khw+(OP)
As if money was going to be replaced overnight? The amount of stablecoin and CBDC and blockchain activity in general is massive. I frankly don't understand people who think the tech has no use case. It flies in the face of existing adoption, and also imposes an unrealistic assumption of how fast the entire world was going to change.

>>ypeter+Sr
It's not that it has no use case. It's that it has a very niche use case.

Government were never going to allow some unfettered parallel monetary system. Governments invested a lot of political capital to monitor and control monetary flows (from reasons/excuses like fraud, terrorist financing, money laundering). No way there were gonna relinquish that power.

They might use the technology itself as CBDC, but that is about it.

It was sold as new web 4.0 or whatever. NFTs were the future. Smart contracts.... And all it seemed to deliver were all mistakes and scams monetary system made in 19th century.

>>ypeter+Sr
Most stablecoins are centralized.

CBDCs are the absolute antithesis of cryptocurrencies.

What "existing adoption" are you talking about? In 15 years I've seen only speculation and a grand total of zero products used day-to-day by average people.

The fact you lump all these things together is a perfect illustration. Most blockchain and cryptocurrencies proponents understand nothing about technology.