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by bb88 136 days ago
> At least no one's sitting around pretending it's going to actually do anything useful anymore

It enriches certain elected officials (and their friends). That's why the US Government holds a "Strategic Bitcoin Reserve".

Other than that if you measured the utility of Crypto assets versus AI, there's no argument that AI (even though it's in a bubble) is still more valuable per MWh than Crypto.

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Oh ya, AI may be frothy and bubbly right now but there will certainly be and already are tremendous real world software and hardware products and tech flowing out of the space