Hacker News new | ask | show | jobs
by tootie 39 days ago
Crypto has utterly failed as a currency. In that regard it's been dead for over a decade. If btc or eth were currency they'd be considered dead by deflationary spiral which is more or less what every economist predicted from the start. Some people got rich by investing but getting rich off of currency speculation is generally awful for people who rely on that currency to live. Crypto has been a success the same way The Room was a successful movie.
1 comments

And at least The Room didn't enable ransomware.
it would be cash shipments if crypto didn't exist or some other form of monetary value transfer.