Feel like we’ve got a lot of tech savvy people here seems like a good place to ask. Basically as a dumb guy that reads the news it seems like everyone that lost their mind (and savings) on crypto just pivoted to AI. In addition to that you’ve got all these people invested in AI companies running around with flashlights under their chins like “bro this is so scary how good we made this thing”. Seems like bullshit.
I’ve seen people generating bits of programming with it which seems useful but idk man. Coming from CNC I don’t think I’d just send it with some chatgpt code. Is it all hype? Is there something actually useful under there?
People have actually used crypto to make payments. Crypto is valuable, but only when it’s widely adopted. Before you say something like “use a database,” you might take the time to understand what decentralized blockchains are accomplishing and namely removing a class of corruption from any information coordination tasks.
Why bother with the overhead of blockchain when users centralise on a handful of
banksexchanges.Exchanges only exist to convert away from the crypto. If that’s the standard money, they don’t live. They aren’t the banks of the blockchain. They are the intersection of fiat banks and the blockchain.
Strongly disagree, some exchanges don’t even have fiat on-ramps.
Blockchain is inefficient and pointless when users centralise on coinbase and binance.