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I am a longtime crypto guy, and totally 100% understand how you see the links. I have a very nuanced opinion on this, but it's difficult to explain briefly here
by seibelj 6y ago
I am a longtime crypto guy, and totally 100% understand how you see the links. I have a very nuanced opinion on this, but it's difficult to explain briefly here. There are a lot of scams in crypto, but if you are a believer in Austrian economics and are not a fan of Keynesian theories, fiat currency, and the Federal Reserve, then Bitcoin / crypto is very attractive.
But that's a separate discussion, unrelated to my opinion of AI and is primarily a philosophical issue. Cryptocurrency / blockchain is fascinating but we are not promising robots cleaning your house.
- fxtentacle 6y agoI agree that AI has been way worse with the overpromising. But when I hear IPFS = interplanetary file system and then wee how poorly it performs in practice and that it's mostly used for illegal content, I cannot help but think that the crypto side also likes to oversell their practical utility. I believe I have yet to see an application where the Blockchain is truly a critical component. In most cases, it seems that people end up caching its data in sql to speed things up, meaning that they're working on their own private copy now.