this post was submitted on 05 Jan 2024
134 points (95.3% liked)

Technology

58451 readers
6025 users here now

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


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] LWD@lemm.ee 1 points 9 months ago

And that's really the thing about cryptocurrency, isn't it... It doesn't need to die to stop being useful, it just needs to stop growing in value (because the people investing in it are using it as a speculative asset, not as a serious form of currency - it's too volatile for that). And unless it keeps on bringing in new people who are willing to purchase tokens at an increasing price, the value won't increase.