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Posted by ibobev 19 hours ago

Crypto in 2026: Oh, This Is the Bad Place(www.stephendiehl.com)
382 points | 484 commentspage 5
secretsatan 15 hours ago|
I read "that is not worth reporting on anymore because it's barely the craziest thing this week" and just immediately thought that this is all just part of the plan to flood the zone. So much corruption, crimes, lies, insanity is coming out of this admin, it's impossible to keep track of, the depravity of it all is still unrealized as we just go numb to it all.
aenis 7 hours ago||
What absolute horrible formatting of the blog. Small font, 60pct of the screen area unused. Who designs this shit?
polnurfer 17 hours ago||
I’d rather bitcoin than rupee
epolanski 18 hours ago||
We definitely live in depressing times where all decency has long been lost.

Just yesterday the US president has Tweeted the he "loves bombing the shit out of Iran".

The language is disgusting, what's happening is disgusting, from prediction markets and their disgusting shills/cultists trying to sell you that price discovery has positive social impact, politicians and administrations blatantly involved in scams and corruption, the US threatening its allies, civil liberties and privacy more and more dying around the world, the US kidnapping foreign leaders and half the world clapping and pretending it's not happening.

Every day there's more animosity, nationalism, protectionism, people blaming globalism ignoring the huge benefits and prosperity it brought, computer algorithms (AI) quickly eroding the only positive and creative edge humans really had.

It's just sad to see the state of the affairs and the increasingly selfish direction the world is taking.

rob74 18 hours ago||
> Each one, taken alone, would have been a bleak, dystopian fever dream ripped from the pages of a William Gibson cyberpunk novel.

Or rather, a totally outrageous parody of a William Gibson cyberpunk novel. If this wasn't real, I probably couldn't stop laughing about it. But unfortunately, it is...

stringfood 14 hours ago||
This author is way too wordy and spends too much time with flowery prose when he should be getting to his weird, highly idiosyncratic point
deadbabe 14 hours ago||
For me, the price of bitcoin represents some kind of index for how gullible retail investors currently are.
AlexandrB 15 hours ago||
Once the finance guys and gambling addicts arrived it was "game over" for the geeky side of crypto.
PaulHoule 18 hours ago|
The weird thing about it to me is that it lumbers on. There was that time I’d dread going to parties because that crypto guy was there. That time Bloomberg got its best writer to write a whole issue of Businessweek about it a week before the SBF fraud broke. Then there was that weird time between when crypro brown jumped on the AI bandwagon before Ezra Klein did.

And now the crypto bros are still talking… to each other. Still looking at the price of Bitcoin obsessively. And the rest of us hardly ever hear about it.

sfjailbird 17 hours ago||
> The weird thing about it to me is that it lumbers on.

Perhaps it is actually useful to some people.

PaulHoule 16 hours ago||
People who collect ransomware payments?
blenklo 18 hours ago||
And they repeat the same wrong garbage.

At least the pressure on the financial market, GPU shortage through AI, AI we have a realistic chance that crashes more and more.

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