[jfengel]

They were widely considered on topic when the price was going monotonically upwards.

Aside from the technical aspects of blockchain, there is a second reason to talk about the direction of the price. There's reason to think that it's falling because of other technology offerings (mostly AI, and increasingly space). So it's a meaningful indicator of the sense of investors in technologies.

[ryandvm]

I like how 15 years on, we're not even pretending that blockchain has practical uses besides buying drugs and gambling.

There's a certain refreshing clarity in this current kleptocratic moment - everyone is just openly engaged in fraud. Okay, I guess that's better than pretending they weren't.

[_DeadFred_]

Not true. The Iranian regime uses it to bypass sanctions as well.

[illusive4]

Majority of crypto is pretty bad for buying drugs.

[j2kun]

I disagreed with that as well. There is no technical content in a finance publication playing the price change horserace.