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They were widely considered on topic when the price was going monotonically upwards. Aside from the technical aspects of blockchain, there is a second reason t
by jfengel 5mo ago
They were widely considered on topic when the price was going monotonically upwards.
Aside from the technical aspects of blockchain, there is a second reason to talk about the direction of the price. There's reason to think that it's falling because of other technology offerings (mostly AI, and increasingly space). So it's a meaningful indicator of the sense of investors in technologies.
- j2kun 5mo agoI disagreed with that as well. There is no technical content in a finance publication playing the price change horserace.
- ryandvm 5mo agoI like how 15 years on, we're not even pretending that blockchain has practical uses besides buying drugs and gambling. There's a certain refreshing clarity in this current kleptocratic moment - everyone is just openly engaged in fraud. Okay, I guess that's better than pretending they weren't.
- illusive4 5mo agoMajority of crypto is pretty bad for buying drugs.
- _DeadFred_ 5mo agoNot true. The Iranian regime uses it to bypass sanctions as well.