[1970-01-01]

Crypto failed and pivoted. One still cannot pay bills, taxes, buy medicine, transportation, etc. directly with crypto. It is fair to assume the same story will happen to AI.

[Miner49er]

It's not fair at all, actually. They are two very different things.

[jorisw]

Pivoted where?

[isoprophlex]

Buying drugs, using prediction markets, sending Palestinians money without The Man finding out.

[jorisw]

So it pivoted from sending money to sending money...?

[1970-01-01]

Again, it isn't money if it isn't generally accepted. Crypto was forced to pivot into an exotic investment thing that works great if you already have "regular money" to convert and spend. It is not money.

[olalonde]

No money is generally accepted. USD would come closest but it's still far from true (probably fewer than 10% of merchants globally).

[isoprophlex]

I'll bite: it pivoted from replacing fiat currency to doing mildly-to-wildly illegal shit