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I'd disagree to a large extent, because the specific similarities are important: * the VCs are often literally the same guys pivoting * the promoters are ofte
by davidgerard 2y ago
I'd disagree to a large extent, because the specific similarities are important:
* the VCs are often literally the same guys pivoting
* the promoters are often literally the same guys pivoting
* AI's excuses for the ghastly electricity consumption are often literally bitcoin excuses
I think that's an excellent start on the comparison being valid.
Like, I've covered crypto skeptically for years and I was struck by just how similar the things to be said about the AI grifters were, and my readers have concurred.