stabby_cicadaone more shitty techbrofad down
totally whiffed on crypto.
at least 130 countries are working on developing national cryptocurrencies.
Bitcoin goes from $15 to $62,000 in ten years
crypto market cap goes from $11 billion to two trillion dollars in ten years.
The only people calling crypto a failure are ig’nant or covered in salt.
at least 130 countries are working on developing national cryptocurrencies.
CBDCs aren’t cryptocurrencies.
As for the rest, “It’s good because it’s making lots of money” isn’t as persuasive an argument as you think it is.
Zos_KiaI don’t think GP is arguing that crypto is a good thing here. They are refuting the meme which calls crypto a dead fad.
As mind boggling as it may sound, crypto is still a very strong industry, raising about 10 billion per year. Sure it has gone down by more than half since the hype years but that’s still very comfortable numbers.
Again, not saying it is a good thing. But just because it doesn’t make mainstream headlines anymore doesn’t mean it’s dead.
I agree with everything you’re saying except crypto is not down by more than half since it’s peak.
You know what you’re right, i was mistakenly taking 2022 as a baseline. I’ll edit my original comment to reflect that.