How's this any different than the typical technology hype and adoption cycle? Perhaps we are just at the "peak of inflated expectations" right now, and are about to dive into the "trough of disillusionment".
This certainly happened with AI at least twice... remember the AI summers of 1970 and 2010 and the AI winters in between...before certain applications of machine learning became industrial tools.
I'm personally in agreement with the author that crypto is probably a waste of energy and a way to scam people, but I can look at the 30,000 foot view and admit there might be some applications in the future as we climb the "slope of enlightenment".
My wife recently suggested a possible one: NFTs minted by your university as proof of your diploma. Or perhaps your academic transcript. No way to forge a fake diploma again.
https://setandbma.files.wordpress.com/2012/05/technology-ado...
This certainly happened with AI at least twice... remember the AI summers of 1970 and 2010 and the AI winters in between...before certain applications of machine learning became industrial tools.
I'm personally in agreement with the author that crypto is probably a waste of energy and a way to scam people, but I can look at the 30,000 foot view and admit there might be some applications in the future as we climb the "slope of enlightenment".
My wife recently suggested a possible one: NFTs minted by your university as proof of your diploma. Or perhaps your academic transcript. No way to forge a fake diploma again.