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Crypto failed and pivoted. One still cannot pay bills, taxes, buy medicine, transportation, etc. directly with crypto. It is fair to assume the same story will
by 1970-01-01 3mo ago
Crypto failed and pivoted. One still cannot pay bills, taxes, buy medicine, transportation, etc. directly with crypto. It is fair to assume the same story will happen to AI.
- jorisw 3mo agoPivoted where?
- isoprophlex 3mo agoBuying drugs, using prediction markets, sending Palestinians money without The Man finding out.
- jorisw 3mo agoSo it pivoted from sending money to sending money...?
- 1970-01-01 3mo agoAgain, it isn't money if it isn't generally accepted. Crypto was forced to pivot into an exotic investment thing that works great if you already have "regular money" to convert and spend. It is not money.
- olalonde 3mo agoNo money is generally accepted. USD would come closest but it's still far from true (probably fewer than 10% of merchants globally).
- isoprophlex 3mo agoI'll bite: it pivoted from replacing fiat currency to doing mildly-to-wildly illegal shit
- Miner49er 3mo agoIt's not fair at all, actually. They are two very different things.