What about social media, is that a net negative? Gig economies? Every societal shift enabled by technology comes with significant negatives, but you won't know if it is a true net negative on society until it plays out to maturity.
Yes, absolutely. While it allows people to keep in touch more easily, the manipulation of society via fake news, targeted advertising, etc. has been extremely harmful. It has made people increasingly vainglorious, and promotes wasteful excess in the name of social status (influencers and other parasites on society). It brings out the very worst in people.
Not to forget the rise of far-right extremism. Look at the Qanon thing, what should have been limited to a few paranoid weirdos eventually led to open insurrection. This disgrace would not be possible without social media.
>Gig economies?
Yes. While it is convenient and can benefit some small percentage of the gig workers, it is an overall negative to most of these gig workers - e.g. with ride sharing services they have successfully offloaded the costs of owning and operating a vehicle fleet (fuel, wear and tear / maintenance, etc.) onto people's personal vehicles. I have heard of a number of cases where drivers have taken out loans to purchase luxury cars to be eligible for Uber's higher-end service, only to be stung by pricing changes and forced to default, leaving them far worse off than when they started.
>Every societal shift enabled by technology comes with significant negatives, but you won't know if it is a true net negative on society until it plays out to maturity.
Cryptocurrency has had ~15 years and the only real successes in that space have been new and interesting forms of fraud and incompetence.
It basically acts like gold with more hype because it's on the internet. We have hundreds of years of economic history with gold. It is not some revelation.
If you have any question that crypto is a net negative for society, it is likely pretty hopeless to argue with you. I guess you are invested in crypto, so biased.