this post was submitted on 13 Aug 2023
1070 points (96.0% liked)

Technology

59402 readers
4099 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
1070
AI Is Starting to Look Like the Dot Com Bubble (futurism.com)
submitted 1 year ago by stopthatgirl7@kbin.social to c/technology@lemmy.world
342 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] zouden@lemmy.world 4 points 1 year ago (1 children)

Bitcoin isn't anonymous yet it's the most valuable crypto. Monero is barely used. Most crypto people just want to get rich, they don't actually care about using it.

100% a bubble

[–] Freesoftwareenjoyer@lemmy.world 0 points 1 year ago (1 children)

I could go to the local ATM and buy Bitcoin anonymously right now. So, unlike a credit card, it can be used anonymously. Monero is better of course and it doesn't matter how many people use it. Even if a store doesn't accept it directly, you can use it to buy gift cards for any store.

I don't care what most crypto people do, it's irrelevant, just like the price is irrelevant and doesn't affect my ability to use this technology.

[–] primalanimist@lemmy.today 3 points 1 year ago (1 children)

I could go to the local ATM and buy Bitcoin anonymously right now So you walk around the city with your face covered, only buy stuff with cash, and never ride in your personally owned vehicle or the vehicle of a friend?

The ATM has a transaction time and your bitcoin transaction record. There are enough cameras in the cities near ATMs (for this very reason) that you can be tracked if the government found you as interesting as you think you might be.

[–] aesthelete@lemmy.world 2 points 1 year ago

This person probably thinks venmo is anonymous too.

You'd be better off going to the ATM and getting cash and then using that cash for your purchase if you wanted to remain anonymous.

Bitcoin keeps a transaction log that's integral to the technology behind it, and is retained longer than fucking Chase Manhattan transaction logs.