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Crypto doesn't even hold a candle to the criminal activity that's going on in traditional banking. It's a public ledger after all, that's why more and more chai

Crypto doesn't even hold a candle to the criminal activity that's going on in traditional banking. It's a public ledger after all, that's why more and more chain analysis startups are gaining traction and more criminals are brought to justice. "The crypto community must be applauded for its focus on identifying and measuring – and mitigating – illicit crypto activity. And the fiat community has much to learn from the crypto community." - https://antimoneylaundering.wtf/f/financial-crime-estimates-and-crypto-vs-fiat-the-sad-truths https://antimoneylaundering.wtf/f/financial-crime-estimates-...

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kelthuzad 3y ago
Notice how you are downvoted without a single counter argument, in fact all the anti-crypto diatribes in this thread have 0 substance and are just toxic 1-liners which bring no benefit or substance to the discussion. They hijacked an AI-Products thread and derailed it from discussing AI-Products to purely anti-crypto flame-bait.
- mattmaroon 3y ago
  It wasn’t really an anti-crypto diatribe. It’s useful to know where authors are coming from when evaluating what they say, and somebody who puts Blockchain in the same league as mobile phones clearly isn’t thinking clearly. They’re obviously caught up in some echo chamber. I don’t know, maybe Blockchain and/or crypto will be widely used one day, but it’s been around for quite a while now and so far it’s been nothing other than speculative gambling. It hasn’t really changed life for most people, other than maybe them having won or lost some money on it. It’s not exactly a ubiquitous technology that most people use every day. The internet and mobile phones impact all of our lives daily, even if we somehow opt out of them. NFTs don’t. It’s more akin to the advent of online poker than an iPhone currently, and hardly a once in a decade world changing tech. And that’s sort of the point with LLMs too, it’s so new we don’t know if it’s going to be mobile devices or Bitcoin yet. I’m inclined to think the former too, but it’ll take time to tell.

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kelthuzad 3y ago

Notice how you are downvoted without a single counter argument, in fact all the anti-crypto diatribes in this thread have 0 substance and are just toxic 1-liners which bring no benefit or substance to the discussion. They hijacked an AI-Products thread and derailed it from discussing AI-Products to purely anti-crypto flame-bait.

mattmaroon 3y ago
It wasn’t really an anti-crypto diatribe. It’s useful to know where authors are coming from when evaluating what they say, and somebody who puts Blockchain in the same league as mobile phones clearly isn’t thinking clearly. They’re obviously caught up in some echo chamber. I don’t know, maybe Blockchain and/or crypto will be widely used one day, but it’s been around for quite a while now and so far it’s been nothing other than speculative gambling. It hasn’t really changed life for most people, other than maybe them having won or lost some money on it. It’s not exactly a ubiquitous technology that most people use every day. The internet and mobile phones impact all of our lives daily, even if we somehow opt out of them. NFTs don’t. It’s more akin to the advent of online poker than an iPhone currently, and hardly a once in a decade world changing tech. And that’s sort of the point with LLMs too, it’s so new we don’t know if it’s going to be mobile devices or Bitcoin yet. I’m inclined to think the former too, but it’ll take time to tell.