• I have to say, the technology behind cryptocurrencies is brilliant, but unfortunately, it got misused and got ironically centralised.
    NFTs are stupid.
    Now with hype train dying, we could see some real use of AI.

    • You see, no one actually wants a digital currency. There have been several (nano was my favorite) that functioned especially well as a currency, because it used very little compute power to perform or verify transactions.

      But a currency is stable. Which means you don’t magically make money by holding or trading it. So it doesn’t get attention, and therefore doesn’t get widely adopted.

      Everyone likes Bitcoin because it’s speculative digital gold.

      • frezik ( frezik@midwest.social ) 
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        2 years ago

        It’d be nice to have a singular system for payment around the world. I work on e-commerce sites that take payment in many different countries, and some of those payment providers are better designed than others.

      • Laser ( Laser@feddit.org ) 
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        2 years ago

        nano was my favorite

        Hello, fellow Nanite!

        I recently tried Nano-GPT and had a very good experience (see https://feddit.org/post/3081522/2172497), so there is at least some real-world usage – it’s cool and kind of impressive technology, though spam during certain periods was always an issue and I don’t know how resilient the network is currently.

    • Umbrias ( Umbrias@beehaw.org ) 
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      2 years ago

      funnily, the tech to do crypto currencies existed long before they got used for the grift. similarly, the plausible use cases for machine learning will mostly suffer from association with the fad of llms.