this post was submitted on 18 Aug 2025
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[–] polle@feddit.org 74 points 2 days ago (2 children)

The saddest part is, we thought crypto was the biggest waste of energy ever and then the LLMs entered the chat.

[–] 1rre@discuss.tchncs.de 14 points 2 days ago (4 children)

At least LLMs produce something, even if it's slop, all crypto does is... What does crypto even do again?

[–] Honytawk@feddit.nl 13 points 2 days ago (1 children)

It gives people with already too much money a way to invest by gambling without actually helping society.

for the biggest crypto investors it isn't even really gambling. they use celebrities to hype a memecoin and then rug pull and split the profits harvested from the celebrity's fans.

[–] prole@lemmy.blahaj.zone 4 points 1 day ago* (last edited 1 day ago) (1 children)

Monero allows you to make untraceable transactions. That can be useful.

The encryption schemes involved (or what I understand of them, at least) are pretty rad imo. That's why it interests me.

Still, it's proof of work, which is not great.

[–] 1rre@discuss.tchncs.de 3 points 1 day ago

Sure, Monero is good for privacy-focused applications, but it's a fraction of the market and the larger coins aren't particularly any less tracable than virtual temporary payment cards, so Monero (and other privacy-centric coins) get overshadowed by the garbage coins.

Same with AI, where non-LLM models are having a huge impact in medicine, chemistry, space exploration and more, but because tech bros are shouting about the objectively less useful ones, it brings down the reputation of the entire industry.

[–] xiwi@lemmy.dbzer0.com 8 points 2 days ago (1 children)

Crypto does drug sales and fraud!

[–] echodot@feddit.uk 5 points 2 days ago

It also makes it's fans poorer, which at least is funny, especially since they never learn

ouch. I never made that comparison, but that is on point.