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My sincere hope is that this signals the death of crypto in popular culture. I'm sure it'll always have a niche but up until now and for the foreseeable future
by jmyeet 4y ago
My sincere hope is that this signals the death of crypto in popular culture. I'm sure it'll always have a niche but up until now and for the foreseeable future there aren't any actual useful mass use cases for crypto.
The drop in crypto ad spend is an interesting (and meaningful) indicator of market sentiment. I'm thinking we won't be seeing 2023 Superbowl crypto.com ads. I could be wrong.
There's what? 20,000 coins? Most of them will die in the short term if they haven't already.
So I don't know if Bitcoin will continue crashing or stabilize. No one does. If they did they'd make a ton of money. In the very least I'd bet the bear market will continue for awhile but at some point Bitcoin or some successor will roar back to life.
- marcosdumay 4y agoIf anything, the crypto craziness ensured that most governments create some secure non-discriminating money transfer system. I just hope more people getting scammed isn't necessary for those systems to get integrated internationally.