You are viewing a single thread.
View all comments View context
1 point

Both crypto and LLMs are new, disruptive tech. The chaos around them is expected.

Which cryptoscam are you referring to? Theres hundreds daily lol

permalink
report
parent
reply
2 points

Crypto and blockchain is tech coming up with a solution that no one asked for. Blockchain is just a database that is (at best!) extremely energy inefficient. Trust comes from the same sources (brand, marketing, advertising, social cues), it being on a blockchain does not magically generate trust.

And crypto’s biggest strength as an uncontrollable and decentralised store of wealth ignore the fact you can only buy and sell it on marketplaces, which control and centralise it, so for nearly everyone involved it’s a pyramid scheme, those at the beginning persuading new people to join to prop up their assets profits

permalink
report
parent
reply
1 point

Do you mind if I explain a little more about decentralized ledger technology to help you understand the tech, and correct some of your mistaken understanding?

permalink
report
parent
reply

Technology

!technology@lemmy.world

Create post

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


Community stats

  • 17K

    Monthly active users

  • 6.1K

    Posts

  • 131K

    Comments