Yes, I do agree with this. What rubbed me the wrong way was all the cynical people who would talk endlessly about how revolutionary the tech was and all the possibilities it opened to get others invested, but ran companies that were just casinos and actually could have simpler operations without the crypto parts! Most people in pre-NFT crypto has someone in their network who worked on an outright Ponzi scheme.

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dspillett a day ago | parent | next [-]

> but ran companies that were just casinos and actually could have simpler operations without the crypto parts

But during the big buzz, the crypto parts were what got those companies any exposure at all.

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dcow a day ago | parent [-]

Yes. It really was a toxic mess wasn't it?

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DJBunnies a day ago | parent [-]

Has cryptocurrency gone away?

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dspillett a day ago | parent [-]

A lot of the hype has, certainly the hype that propped up the companies the thread starter was referring to.

	▲	jackb4040 a day ago \| parent [-]
		Ding ding! Crypto still exists, but the tech grifters have all pivoted to AI and been replaced by MAGA grifters.

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andirk a day ago | parent | prev [-]

> but ran companies that were just casinos and actually could have simpler operations without the crypto parts

Creating a product for the sake of using a technology is a flawed order of operations. However, the glitz and glamour of a new money for a new internet is enticing with a lot of promise. I'm a crypto bro, but my crypto confidence has waned recently. My confidence in the USD has also waned.