As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

  • qwertyWarlord@lemmy.world
    link
    fedilink
    English
    arrow-up
    16
    arrow-down
    2
    ·
    2 years ago

    Crypto is 100% a bubble. It’s not an investment so much as a ponzi, sure you can dump money into it and maybe even make money, doesn’t mean it doesn’t collapse on a whim when someone else decides to dip out or the government shuts it down. Its value is exactly that of NFT’s because it’s basically identical, just a string of characters showing “ownership” of something intangible

    • stealin@lemmy.world
      link
      fedilink
      English
      arrow-up
      10
      ·
      edit-2
      2 years ago

      Whatever man, used electricity will become valuable someday, I just know it.

      • Freesoftwareenjoyer@lemmy.world
        link
        fedilink
        English
        arrow-up
        4
        arrow-down
        1
        ·
        2 years ago

        Being able to pay for things anonymously is very valuable to me and to many other people. That’s just one example of what this technology can be used for.

        • zouden@lemmy.world
          link
          fedilink
          English
          arrow-up
          4
          arrow-down
          1
          ·
          2 years ago

          Bitcoin isn’t anonymous yet it’s the most valuable crypto. Monero is barely used. Most crypto people just want to get rich, they don’t actually care about using it.

          100% a bubble