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Most people are shifting towards the AI trend instead. Read a post which somewhat describes it well, people integrate the new trends into their projects to get more investor money. Nothing looks better to investors other than 'We have AI Blockchain nano technology behind our service'.
Last year, 'we have blockchain' earned lots of money. Now it's 'we have AI'. In both cases, the technology probably isn't needed, it is there just to be there.
Good
My partner just got a DM on Instagram about... cryptomoney! Funny thing is, if you search the company, the entire first page is about scandals and negative things. And it is on some MLM list too.
So, the grifters are still out grifting.
There are also a lot of crypto scam sites popping up, where a scammer will set up a fake crypto exchange site that looks real on first glance, hoping you make an account, give them all your identity information, and "deposit" a bunch of money/crypto into it, which they run off with.
Hopefully. The only thing it was ever useful for was buying illegal drugs via Silk Road.
It still is useful for that, and until we have a better way to buy drugs online, i don't see it going away.
No, one thing is the use cases of some to bypass laws.
The other thing is, there will always be people to fall for all kinds of scams, cults, hypes, pyramid schemes so many are still alive as well, there is people out there buying sugar pills and energy healing and Reddit gold.
It's not dead, but the SEC sure has been really helping the consumers basically tanking the market about everytime they help....
I hope the hype is dead. What are people buying drugs on the deep net with these days?