As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

  • Freesoftwareenjoyer@lemmy.world
    link
    fedilink
    English
    arrow-up
    2
    ·
    1 year ago

    How is distributed ledger a scam? It’s nothing new and we know exactly how it works. It has nothing to do with making money. If I use it to pay for things online how am I getting scammed? I’m sorry, but it seems you don’t fully understand what this technology is.

    • TurtleJoe@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      ·
      1 year ago

      The blazing fast technology that allows for up to 7 transactions a second worldwide? Amazing.

      Don’t forget to pay your capital gains tax when you sell your butts online to buy your pizza.

      • Freesoftwareenjoyer@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 year ago

        The slow transaction speed is a valid criticism, but it doesn’t make this technology a scam. Different cryptocurrencies have different speeds. With Litecoin I think it takes me 40 minutes to pay for something. I still prefer that over being tracked by my bank or having to use PayPal. I think you can pay instantly with Dash, but I haven’t used it.

        I don’t sell anything online, so what are you talking about?