The market for the digital items plummeted after their glory days in 2021 and 2022, and they’ve proven to be not only an artistic and aesthetic disaster, but a shortcut to financial ruin
The silver lining is that after the obligatory exploitation by grifters, every new technology of this caliber finally gets a more positive use in our lifes. Maybe somewhat naive, but I think we (ie. our societies) have payed ~50% of the tuition fee as far as crypto is concerned. So hopefully we’ll be able to absorb the tech in our collective lives soon.
Ps: Different topic, but using the same metaphor for AI, I’m afraid we’re just at the begin of its initial fallout.
I think the rise of Monero over Bitcoin is a very positive sign. Since it has privacy, the government absolutely cannot stand the fact that it exists, and therefore, institutions don’t want to touch it. This means the “number go up”, “to the moon”, and “compliance”, shmucks are all driven away in horror and you are left with the real core who want to see a better money in a digital world. If that sounds interesting, you might want to listen to “darknet Market Maximalism” a manifesto by xenu. You can listen to the audio version of it on YouTube.
The silver lining is that after the obligatory exploitation by grifters, every new technology of this caliber finally gets a more positive use in our lifes. Maybe somewhat naive, but I think we (ie. our societies) have payed ~50% of the tuition fee as far as crypto is concerned. So hopefully we’ll be able to absorb the tech in our collective lives soon.
Ps: Different topic, but using the same metaphor for AI, I’m afraid we’re just at the begin of its initial fallout.
I think the rise of Monero over Bitcoin is a very positive sign. Since it has privacy, the government absolutely cannot stand the fact that it exists, and therefore, institutions don’t want to touch it. This means the “number go up”, “to the moon”, and “compliance”, shmucks are all driven away in horror and you are left with the real core who want to see a better money in a digital world. If that sounds interesting, you might want to listen to “darknet Market Maximalism” a manifesto by xenu. You can listen to the audio version of it on YouTube.
Edit: I’ll save you the trouble. Here’s the link directly. https://www.youtube.com/watch?v=0ogNg20rGTU