Daymon 🚀
@daymonrise
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586 Followers
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Why Crypto is a Bubble
History knows many financial bubbles: from the tulip mania in the 17th century to the dot-com bubble in the 2000s. Cryptocurrency, with its sharp price swings, endless hype about "new opportunities," and lack of real mass adoption, closely resembles these phenomena. Sooner or later, this bubble might burst, leaving most participants with nothing.
AI vs. Crypto: The Choice is Clear
When comparing AI and cryptocurrency, the choice is obvious to me. AI is the future that’s already making the world better: saving lives, optimizing processes, opening new horizons. Crypto, on the other hand, is a trendy toy for speculators, tales of "revolutionary" technologies that turn out to be either inefficient or simply unnecessary.
In the end, while AI solves real human problems, cryptocurrency remains primarily a tool for those seeking easy money. And if we have to choose where to look for the future, I’d bet on technologies that bring benefits, not on empty promises. 0 reply
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Cryptocurrency: Promises Without Results
What about cryptocurrency? Its proponents often talk about "revolutionary" technologies like blockchain, smart contracts, or NFTs. But let’s break it down:
Blockchain: It’s just a distributed database. Yes, it’s decentralized and secure, but where is its mass application outside of crypto? It’s not evident yet.
Smart Contracts: They sound cool, but in reality, they’re slow, expensive to execute, and not widely needed in real life.
NFTs: Digital images or tokens that people pay millions for—it’s pixels on a screen. This seems more like a fad and speculation than something valuable.
Cryptocurrency, in essence, looks like a financial game: some make money while others believe in its prospects. But real benefits for the world—unlike AI—are hard to see. It resembles a bubble sustained by speculation and the naivety of those hoping to get rich quick. 0 reply
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