For each steam power there are thousands of similar inventions that never see the light of practical use cases. We just remember those that had significant breakthroughs.
You might have had a salient point if the ancient Greeks made it popular for “solving thirst across the known world,” but really it was a novelty. Or if crypto was marketed as a novelty. But crypto was hyped to be the next big things, spreading around the world, no monetary boundaries. The same people making those claims are spending hundreds of millions on the election to making sure it stay unregulated with no consumer protection.
The ancient Greeks invented steam power, but didn’t take it any further than a novelty. That doesn’t make steam power a “scam.”
I dunno, most steam power just involves passing an environmental burden down several generations, which seems like a scam to me.
That doesn’t mean cryptocurrencies is like steam power.
Each is a technology with unique features for its time, and where there aren’t any practical applications initially.
For each steam power there are thousands of similar inventions that never see the light of practical use cases. We just remember those that had significant breakthroughs.
Still doesn’t mean crypto is like steam, nor that it will ever have any practical application
I’m sure the ancient Greeks said similar things about their steam pinwheels.
You might have had a salient point if the ancient Greeks made it popular for “solving thirst across the known world,” but really it was a novelty. Or if crypto was marketed as a novelty. But crypto was hyped to be the next big things, spreading around the world, no monetary boundaries. The same people making those claims are spending hundreds of millions on the election to making sure it stay unregulated with no consumer protection.
But sure, crypto somehow parallels steam?