this post was submitted on 23 Aug 2025
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chapotraphouse

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First it was crypto, then nfts, then llms. What's next?

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[–] TrustedFeline@hexbear.net 29 points 2 weeks ago (1 children)

Unfortunately: cryptocurrency. After crypto blows up, who knows? probably not anything useful like protein folding

[–] lil_tank@hexbear.net 13 points 2 weeks ago (2 children)

Didn't cryptocurrency kind of already blew up though? I mean of course you'll have true believers still hoping for the big comeback but the peak was already years ago

[–] gay_king_prince_charles@hexbear.net 11 points 2 weeks ago (1 children)

It's recovered. Bitcoin is trading at 115k, an all time high. It's 2020 bubble peak was around 60k.

[–] TreadOnMe@hexbear.net 6 points 2 weeks ago

What has crashed is the idea that it will operate as an alternative system outside of the central bank. Which is great, because now I don't have to argue with people about that.

[–] Photuris@lemmy.ml 6 points 2 weeks ago

As happens every boom and bust cycle, the shit coins are shaken off, and Bitcoin and a few other big players survive and recover.