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A_Ducktoday at 1:58 PM5 repliesview on HN

Crypto isn't bad because it failed to make early adopters rich — it did make them rich. It's bad because it has horrible externalities in scams, war crimes / sanctions evasion, organised crime — which most of those early adopters were well aware of.


Replies

edenttoday at 2:02 PM

You can make pretty much the same arguments for LLMs. Pollution, corruption, and war are all things I'm keen to avoid.

emoIItoday at 2:08 PM

I think you can actually replace crypto with LLMs/Diffusion models in this sentence and it will still hold true

aduwahtoday at 2:08 PM

Not to defend crypto, but this all applies to fiat too

show 1 reply
gonzalohmtoday at 2:02 PM

All those apply to AI too, no?

xondonotoday at 2:11 PM

The way early adopters got rich was by scamming others, so not sure I see your differentiation there