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At least AI produces something. Maybe not what everyone hopes for, but there is some output that people are worth paying for. Cryptocurrency lived entirely in
by jfengel 9mo ago
At least AI produces something. Maybe not what everyone hopes for, but there is some output that people are worth paying for.
Cryptocurrency lived entirely in the hopes that people wanted to replace regular money, and it turns out not to be a big use case outside of criminals and refugees.
The AI bubble will one day collapse too. But the Bitcoin bubble could just plain vanish.
- anupamchugh 9mo agoNot a big use case outside of criminals and refugees" - the refugee use case alone matters to hundreds of millions living under capital controls or currency collapse. Argentinians escaping peso devaluation aren't criminals. Ukrainians moving value during invasion aren't edge cases. Whether Bitcoin is good at this is debatable. Whether it's a real use case isn't.