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Is Crypto Finally Dead?
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this post was submitted on 19 Jun 2023
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Technology
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In the majority of people's eyes crypto is seen as a scam and something to avoid. The only thing crypto ever did for me was make things I actually care about more expensive.
I think it would take a lot to recover from the bad reputation it has gotten.
It was kinda shocking how negative public sentiment is. I am deep in crypto world so I am used to much more positive feedback on the stuff I am working on, because I guess I mostly hang out with crypto people
That sentiment was earned over time. The original reception of crypto wasn't bad, and large companies like Valve/Steam would accept bitcoin for a little while. All of that went away as bitcoin turned from a potential "digital money" to "just another pyramid scheme". Drying up the GPU market and making PC gaming unformidable didn't help.
This is a great point.
I've recovered from my Bitcoin maxi days, so I hope things move forward in the industry (namely, the normies learning about ETH)