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Gravey | 3 years ago

“Crypto” is a technology that is functional and has proven utility. Those using it as a tool to skirt regulations, defraud others, or to commit outright theft are the scammers. I would agree that as a concept it is generally overhyped, usually by those who seek to profit from doing so. But I think it’s important to not conflate the unscrupulous gold miners looking to get rich quick with the utility of the precious metal itself.

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illiarian|3 years ago

> and has proven utility.

It hasn't.

concordDance|3 years ago

The ability to have assets that can't be frozen by a bank or government beaurocratic fuckup is utility.

HyperSane|3 years ago

bitcoin's main utility seems to be using an utterly absurd amount of joules per transaction.