235
Is Crypto Finally Dead? (beehaw.org)
submitted 3 years ago by to c/technology@beehaw.org
289 comments fedilink hide all child comments
 

Yes, I know that it still exist, and yes, decentralized currency which utilizes distributed, cryptographic validation is not actually a strictly bad idea, but...

Is the speculative investment scam, which crypto substantially represented, finally dead? Can we go back to buying gold bars and Pokemon cards?

I feel like it is, but I'm having a hard time putting my finger on why it lost its sheen. Maybe crypto scammers moved on to selling LLM "prompts?" Maybe the rug just got pulled enough times that everyone lost trust.

you are viewing a single comment's thread
view the rest of the comments
[–] 5 points 3 years ago (1 child)

Servers, VPN, domain names and recurring donations. Mostly donations every week. Servers and VPN on a monthly basis.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 1 point 3 years ago (1 child)

    Thanks for the response. Aside from the fed responses lol I was wondering what people actually used it for since we can’t deny there is a lack of products you can buy with crypto. I will def start using it for donations and VPN

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 1 point 3 years ago

    Actually I've had really good success in paying for privacy services with it. I wouldn't do it any other way, especially for things like a VPN where you don't want the provider to have to keep your name and address due to legal requirements.

    Another great use case is sending money abroad, especially to countries where there's other sorts of financial restrictions.

  • permalink
  • fedilink
  • source
  • parent